Pollack

Bank One Texas, N.A. v. Pollack

Good Law
1994 Cal. App. LEXIS 430·24 Cal. App. 4th 973·29 Cal. Rptr. 2d 510·94 Daily Journal DAR 5888·94 Cal. Daily Op. Serv. 3149
Court of Appeal of CaliforniaApril 29, 1994B072997California2,978 words

Opinion

Opinion

Spencer, J.

Introduction

Bank One Texas, N.A. appeals from an order granting a motion to amend á judgment but denying the request that the amendment be entered nunc pro tunc as of the date of the entry of the original judgment.

Statement of Facts

Texas American Bank/Galleria secured a judgment in Texas against Sheldon L. Pollack (Pollack) and others on May 10, 1988. The judgment, which awarded Texas American Bank/Galleria approximately $1.2 million in damages, was affirmed on appeal. The basis for the judgment against Pollack was his personal guarantee of a series of real property development loans which originated in 1981 and on which the borrowers later defaulted. The original loan of $2 million was increased in February 1982 by $1.5 million and again in February 1984 by an additional $500,000.

Texas American Bank/Galleria became insolvent during the pendency of the appeal of the Texas judgment. Pollack died in February 1989. Texas American Bank/Galleria’s successor in interest, Team Bank, sought and secured the entry of a judgment on a sister state judgment on November 13, 1989. Notice of the entry of the judgment was served on the administrator of Pollack’s estate on December…

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