California Court of Appeal
CDM INVESTORS v. AMERICAN NAT'L FIRE INS. CO., h024142
In this insurance coverage action, the trial court properly sustained the defendant's demurrers where the coverage clause unambiguously provided that damages triggered indemnity and the ultimate-net-loss concept merely expanded the amount of damages.
Appellate Information
- Decided 10/15/2003
- Published 10/15/2003
Judges
- PREMO, Acting P.J.
Court
- California Court of Appeal
Counsel
- For Appellant:
- Alan L. Martini, Sheuerman, Martini & Tabari, for Plaintiffs/Appellants CDM Investors et al.
- For Appellees:
- Dean J. Kitchens, Gibson, Dunn & Crutcher, for Defendants/Respondents Travelers Casualty and Surety Company., Selman Breitman, Nicholas Banko, Linda Wendell Hsu, San Francisco, Esther Lee, for Defendants/Respondents Transamerica Insurance Company.