Cal. · Supreme Court opinion · January 1, 1961
Related by Seller Proceeds + Disbursement Authorization · Seller ProceedsGreenzweight v. Title Guarantee — California Supreme Court
California Supreme Court · L. A. No. 13476
Defines when an escrow holder has complied with a hold-until-paid instruction before releasing reconveyance documents during a refinance — critical for bank-failure and cleared-check timing disputes.
Published Supreme Court opinion only. Shreeves v. Pearson (1925) 194 Cal. 699 (supporting link) discusses agency shifts when escrow conditions are met.
- Court / region
- Cal.
- Case number
- L. A. No. 13476
- Filed
- January 1, 1934
- Source record
- Court opinion
- Procedural posture
- Supreme Court opinion
- Money movement stage
- Seller proceeds stage
- Record gap
- Release-decision gap
- Strongest reviewed source
- Published opinion
- Allegation / finding status
- Court ruling
- Disposition
- Supreme Court opinion
- Last posture checked
- 2026-05-31
- Reviewed
- 2026-05-31
What happened
Court reversed judgment for plaintiff, holding escrow instructions requiring the holder to hold funds for the payoff were satisfied when purchaser's check cleared and was credited at Bank of America before the escrow bank failed, making later bank insolvency the depositor's risk as to those proceeds.
What it hinged on
Amount involved
Amount not stated in reviewed source.
Result
Supreme Court opinion
Why this belongs here
Defines when an escrow holder has complied with a hold-until-paid instruction before releasing reconveyance documents during a refinance — critical for bank-failure and cleared-check timing disputes.
Documents to inspect
- Seller instructions
- Authorization request
- Callback log
- Wire confirmation
- Closing statement
- Escrow instructions
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:
Timeline
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.
Continue research
Open a related reviewed-record search or save this trail when the file-record question is worth revisiting.
Source record
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 Supreme Court opinion only. Shreeves v. Pearson (1925) 194 Cal. 699 (supporting link) discusses agency shifts when escrow conditions are met.