Del Mar TIC I, LLC v. The Bancorp Bank

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK DEL MAR TIC I, LLC and DEL MAR TIC II, LLC, Plaintiffs, Case No. 1:23-cv-08999 (JLR) -against- OPINION AND ORDER THE BANCORP BANK, Defendant. JENNIFER L. ROCHON, United States District Judge: This case centers on force-placed insurance coverage pursuant to a loan agreement between Del Mar TIC I, LLC and Del Mar TIC II, LLC (together, “Plaintiffs”) and the Bancorp Bank (“Defendant”). ECF No. 23 (“Am. Compl.” or the “Amended Complaint”). Plaintiffs allege that Defendant took unfair advantage of the commercial terms of the parties’…