Peterson Development Co. v. Torrey Pines Bank
California Court of Appeal
1Opinion of the Court
Opinion
HUFFMAN, Acting P. J.
The trial court granted a motion for summary judgment made by defendants Torrey Pines Bank (TPB) and Torrey Pines Equity Corporation (TPEC) in this action by Peterson Development Company, Inc., and its president and sole shareholder, Eric Peterson (collectively Peterson). Subsequently, the court awarded attorney’s fees to TPB and TPEC pursuant to a contractual attorney’s fees clause. Peterson’s action for damages against TPB and TPEC arose out of a construction loan transaction and alleged theories of breach of contract, breach of the covenant of good faith and…
2Cases cited30 opinions
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