HOWDEN-GOETZL v. SUPERIOR COURT

Docket No. 27580.

7 Cal.App.3d 135 (1970)

86 Cal. Rptr. 323

JEAN HOWDEN-GOETZL et al., Petitioners, v. THE SUPERIOR COURT OF ALAMEDA COUNTY, Respondent; WESTERN URBAN REDEVELOPMENT INVESTMENT CORPORATION et al., Real Parties in Interest.

Court of Appeals of California, First District, Division Four.

April 30, 1970.


Attorney(s) appearing for the Case

COUNSEL

Patrick, Buchanan & Phillips, Theodore W. Phillips and Barbara Ashley Phillips for Petitioners.

No appearance for Respondent.

Zang, Friedman, Haiken & Damir and Marvin B. Haiken for Real Parties in Interest.


OPINION

CHRISTIAN, J.

Petitioners seek a writ of mandate to compel respondent court to set aside its order expunging a notice of lis pendens or to increase the amount of the undertaking from $10,000 to $670,000.

Petitioners are plaintiffs in a shareholders' derivative action on behalf of Educational Securities Corporation (ESC), attacking a refinancing transaction and foreclosure...

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