• Recoupment: third party title insurer has only a limited cause of action against a professional liability insurer under New York law and that cause is not ripe until the statutory preconditions are met – Commonwealth Land Title Ins. Co. v. Am. Signature Servs., Inc., No. 13-cv-3266 (E.D.N.Y. Feb. 20, 2014) (order on motion to dismiss)
  • Attorney Discipline: two-year suspension for attorney who forged commitments and policies after his agency agreement was terminated deemed sufficient based on his holding the money in escrow, his stated intent to ultimately issue valid policies, and mitigating family circumstances – Mississippi Bar v. Derivaux, No. 2012-BA-01330 (Miss. Feb. 20, 2014) (affirming bar tribunal suspension)
  • Lender’s Policy: lender’s policy does not guaranty lender’s title, it merely provides for indemnity if actual loss results from a title defect – In re West Feliciana Acquisition, LLC, No. 13-30675 (5th Cir. Feb. 27, 2014) (affirming summary judgment)
  • Lender’s Policy: mere existence of title defect is not a breach of lender’s title insurance policy – In re West Feliciana Acquisition, LLC, No. 13-30675 (5th Cir. Feb. 27, 2014) (affirming summary judgment)