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Parties dispute coverage in foreclosure suit
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Court Report
Wednesday, March 9, 2016
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After buying property at a foreclosure sale, a real estate developer’s ownership was challenged by a prior owner. It sought coverage under its title insurance policy, but the title company declined to defend it in the state court action. The real estate developer then sued its title insurer in federal court, where both parties filed motions for partial summary judgment. Read on for more details.
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