Paramount Properties Co. v. Transamerica Title Insurance

1 Cal.3d 562 (1970)

463 P.2d 746

83 Cal. Rptr. 394

PARAMOUNT PROPERTIES COMPANY, Plaintiff and Appellant,

v.

TRANSAMERICA TITLE INSURANCE COMPANY, Defendant and Respondent.

Docket No. S.F. 22691.

Supreme Court of California. In Bank.

January 15, 1970.

COUNSEL

Haizlip, Ring, O'Donnell & Moore and David D. Ring for Plaintiff and Appellant.

Tobin & Tobin and John J. Hopkins for Defendant and Respondent.

OPINION

TOBRINER, J.

Paramount Properties Company, a commercial lender (hereinafter designated Paramount), filed suit against the Transamerica Title Insurance Company seeking the reimbursement of expenses…