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Case Conclusion Date: 02.01.2011
Practice Area: Real estate
Description: In a case involving the breach of an oral promise to postpone a foreclosure sale, won appeal of an adverse summary judgment ruling. California Court of Appeals, in a major decision, held that promissory estoppel was available as a cause of action where a servicer/lender made a promise to postpone foreclosure and the borrower changed their position in reliance on that promise.