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Based on Own v Cohen 119 P.2d 713 (Cal. 1941) Will it be possible for Owen to recover on his $6,986.63 loan before any equity

Based on Own v Cohen

119 P.2d 713 (Cal. 1941)

Will it be possible for Owen to recover on his $6,986.63 loan before any equity distribution to him and Cohen? On what basis?

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