PARAMOUNT PROPERTIES CO. v. TRANSAMERICA TITLE INS. CO.

Docket No. S.F. 22691.

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.

Supreme Court of California. In Bank.

January 15, 1970.


Attorney(s) appearing for the Case

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 incurred in the defense of a lawsuit. Paramount claims that the provisions of two insurance policies which the title insurance company had issued to it required the company to defend it in litigation involving the validity of two...

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