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LOWE v. MASSACHUSETTS MUT. LIFE INS. CO.

Docket No. 32332.

54 Cal.App.3d 718 (1976)

127 Cal. Rptr. 23

KARL K. LOWE, Plaintiff and Appellant, v. MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, Defendant and Respondent. CONTRACT DESIGN ASSOCIATES, LTD., Plaintiff and Appellant, v. MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, Defendant and Respondent.

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

January 23, 1976.

Attorney(s) appearing for the Case

COUNSEL

Mitchell & Smith, David L. Smith, Berk, Bise, Alpern & Rosen and Jack I. Rosen for Plaintiffs and Appellants.

George L. Cooke for Defendant and Respondent.

OPINION

SIMS, J.

Appellants Karl K. Lowe and Contract Design Associates, Ltd., as assignees of an applicant for a real estate loan from respondent insurance company, have each appealed from separate judgments, entered after a consolidated trial by the court, which denied their claim that their assignor was entitled to the return of $94,000 deposited with the company in connection with its commitment to lend the assignor $4,700,000...

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