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Posted Date: Wednesday, May 8, 2024
The subsequent owners of property in Garfield Heights, Ohio, appealed the confirmation of a sheriff’s sale following a judgment in foreclosure. They also sought to intervene in the foreclosure action.
Court Report
Posted Date: Wednesday, May 8, 2024
As data and cyber security issues continue to rise, hackers use every opportunity to compromise private consumer data, and affected companies are left to clean up the damage. A case out of U.S. District Court for the Eastern District of Pennsylvania may be a good indicator on how courts are approaching settlements for these incidents, including how much the attorneys are paid.
A judge reinstated the attorney fee award given in a class action suit after it was vacated by the Third Circuit Court of Appeals. The judge who reinstated the $3.2 million award had been tasked with re-considering its reasonableness.
Read on for more details.
Court Report, Cybersecurity
Posted Date: Monday, May 6, 2024
The Supreme Court of Missouri, sitting en banc, recently ruled in an appeal of a coverage dispute in favor of a title insurer. The property buyers unknowingly got involved in a legal dispute over the land because the sellers constructed a barn on the property in violation of the city’s zoning ordinances. The buyers sued their title insurer when the insurer denied coverage for the dispute.
Court Report
Posted Date: Wednesday, May 1, 2024
Illinois Attorney General Kwame Raoul filed suit against MV Realty PBC LLC and MV Realty of Illinois LLC, as well as their corporate managers, for allegedly tricking financially strapped consumers into 40-year real estate brokerage contracts.
Court Report
Posted Date: Monday, April 22, 2024
An entity that purchased property in Fort Worth, Texas, discovered after the sale that a company had a general utility easement on the property and planned to construct a pipeline on the property. The entity’s title insurer handled the claim, but the parties disputed how it should be handled and the entity filed suit.
Court Report
Posted Date: Wednesday, April 17, 2024
The Ninth U.S. Circuit Court of Appeals recently heard an appeal of a district court’s grant of summary judgment to a title insurer on a lender’s claims for coverage under its title policy when its deed was extinguished after a homeowners association enforced its superpriority lien for delinquent assessments.
Court Report
Posted Date: Wednesday, April 10, 2024
The Court of Appeals of Washington recently determined who bore the risk of loss after an escrow agent absconded with the escrow funds before the escrow conditions were satisfied. The trial court had concluded the borrower bore the risk and dismissed the borrower’s claims against the lending entities, and the borrower appealed.
Court Report
Posted Date: Monday, April 8, 2024
In a case originally brought by a title insurer related to a fraudulent wire transfer, a group of defendants sought dismissal from the suit, arguing that the court lacked jurisdiction over them.
Court Report
Posted Date: Monday, April 8, 2024
Qualia Labs Inc., d/b/a Qualia Software Inc., filed an appeal in the Fourteenth Court of Appeals of a decision handed down last month by the District Court of Harris County, Texas, granting Stewart Title Co.’s motion for summary judgment in their software licensing dispute.
Court Report
Posted Date: Wednesday, April 3, 2024
The title companies that eventually were forced to purchase property after the U.S. Department of Housing and Urban Development (HUD) failed to record a reconveyance of a deed of trust on a reverse mortgage it held filed suit against HUD and the loan servicer. The servicer’s email system had been compromised and bad actors sent a fraudulent payoff statement to the title companies when conducting a sale of the subject property.
Court Report