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Cohn v. Gramercy Escrow — California Court of Appeal

California Court of Appeal, Second District · Civ. 47343

Open source record

AmountNot statedAmount not stated in reviewed source.
ResultCourt of Appeal opinionCourt ruling
HingeSeller ProceedsTeaches statutory escrow creditor-priority rules when a liquor-license transfer escrow distributes insufficient cash and a note to the seller before general creditors are paid.
SourceCourt opinionPublished opinion
File-record question

Teaches statutory escrow creditor-priority rules when a liquor-license transfer escrow distributes insufficient cash and a note to the seller before general creditors are paid.

Limit before takeaway

Published appellate opinion only. Builders' Control Service v. North American Title (1962) 205 Cal.App.2d 68 (supporting link) on assignment of escrow proceeds.

Case number
Civ. 47343
Filed
January 1, 1977
Source record
Court opinion
Procedural posture
Court of Appeal opinion
Money movement stage
Seller proceeds stage
Record gap
Release-decision gap
Strongest reviewed source
Published opinion
Allegation / finding status
Court ruling
Disposition
Court of Appeal opinion
Last posture checked
2026-05-31
Reviewed
2026-05-31

What happened

Court held a Business and Professions Code section 24074 escrow holder breached duties to bona fide creditors by distributing a purchase-money note to the seller while general creditors remained unpaid.

What it hinged on

Seller Proceeds. Teaches statutory escrow creditor-priority rules when a liquor-license transfer escrow distributes insufficient cash and a note to the seller before general creditors are paid.

Amount involved

Amount not stated in reviewed source.

Result

Court of Appeal opinion

Why this belongs here

Teaches statutory escrow creditor-priority rules when a liquor-license transfer escrow distributes insufficient cash and a note to the seller before general creditors are paid.

Documents to inspect

This list is inferred from the topic pattern, not asserted as an extracted document list for this case.

What the file needed to show

Current reviewed metadata frames the file issue this way:

Teaches statutory escrow creditor-priority rules when a liquor-license transfer escrow distributes insufficient cash and a note to the seller before general creditors are paid.

Timeline

FiledJanuary 1, 1977
Posture checked2026-05-31
Reviewed for Escrow Cases2026-05-31

Topics

Seller Proceeds·Disbursement Authorization

Related patterns

Related records are selected from shared topics, hinge category, court type, and posture. They are discovery aids, not claims that the facts or results match.

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Source record

Court opinionSupporting source

What this record does not show

This reviewed record does not show a court finding that any company or person did anything wrong unless the linked source expressly says so. Read the primary source for allegations, posture, and outcome.

Limit: Published appellate opinion only. Builders' Control Service v. North American Title (1962) 205 Cal.App.2d 68 (supporting link) on assignment of escrow proceeds.

Reviewed California court records with source links. Allegations are not findings.