I rubbed the inner fender lips with 245/45/17 Bridgestone Potenza RE01Rs and mine's a '91 with the bigger openings. Of course, it never happened on the street, only on the track so I had to use a jack handle to roll the fender lips at the track, that stopped the rubbing.
I did run a set of Yokahama Advan Neova AD07s in 245/40/17 in the front and 255/40/17s in the rear for 2 years before that with no tire rub whatsoever.
The 245s will bead inside of the wheel's rim so you won't hit them on the control arms, the 255s do come past the wheel rims so they will rub the control arms. I would recommend the 245/40s on the front and 275/40s on the rear and you should be good.
As far as the brand of tires, depends on what you are doing with them. The afformentioned Yokohamas were awesome at the track but the price is ridiculous, the Bridgestones were ok, everyone else loves them but I didn't like them as much at the track as the Yokos and they were nearly as much (I got them free though so they were the right price). I hear a lot of good things about Michelin PS2s, BFG KDs (though the KDs are supposed to suck big time in the wet- so KDWs would be a better compromise if you drive in the wet at all). One guy was running Dunlop Direzza Sport Z1 Star Spec and was super fast on those, they are a bit less than some of the others out there and rated pretty well in everything I read.
You'll also want to check around, both the Yokos and Dunlops don't come in 275/40/17s, 255 is the biggest they come in 17". I've found alot of tires that way, they'll come in either 245s or 275s but not both.
