Court Cannot Affect Rights Of Non-Party Trust Deed Holder.

In an action for fraudulent transfer the court granted summary judgment in favor of the trust deed holder. Later, another judge tried the fraudulent transfer case against the previous and subsequent owner of the property and held that their rights prevailed over the trust deed holder. The Court of Appeal reversed. The trust deed holder was no longer a party to the action after it obtained summary judgment and the court therefore lacked jurisdiction to make rulings affecting its rights.  Diamond Heights Village Assn., Inc. v. Financial Freedom Senior Funding Corp. (Cal. App. First Dist., Div. 4; June 7, 2011) 196 Cal.App.4th 290, [126 Cal.Rptr.3d 673].