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LAKS v. COAST FED. SAV. & LOAN ASSN.

Docket No. 47006.

60 Cal.App.3d 885 (1976)

131 Cal. Rptr. 836

ERNEST LAKS et al., Plaintiffs and Appellants, v. COAST FEDERAL SAVINGS AND LOAN ASSOCIATION, Defendant and Respondent.

Court of Appeals of California, Second District, Division Five.

August 10, 1976.

Attorney(s) appearing for the Case

COUNSEL

Nelson, Liker & Merrifield, Rodney E. Nelson and Shelley Mercer for Plaintiffs and Appellants.

McKenna & Fitting, Les J. Weinstein, Aaron M. Peck and Alan Holmberg for Defendant and Respondent.

OPINION

HASTINGS, J.

The facts are not in dispute. Plaintiffs and appellants, Ernest Laks and Richard Schubot (hereinafter "appellants") sought to develop a Sheraton Motor Inn located near the San Francisco International Airport. Appellants had obtained a broker to assist them in finding the financing for the project. On January 9, 1973, Coast Federal Savings and Loan Association (hereinafter...

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