Texas Capital Bank, N.A. v. First American Title Insurance

MEMORANDUM OPINION AND ORDER

JOHN G. HEYBURN, II, District Judge.

Plaintiffs, Texas Capital Bank, N.A. (“Texas Capital”), Liberty Mutual Insurance Europe Limited trading as Liberty International Underwriters (“Liberty”), and Certain Underwriters at Lloyd’s London who are members of Syndicate Nos. 4444, 2003 and 4000 subscribing to Bond No. FA054730g002 (“Lloyd’s Underwriters”) (collectively “Texas Capital” or “Plaintiffs”), bring this action alleging they sustained $3.2 million in losses after Defendant, First American Title Insurance Company (“First American Title”), 1 wrongly transferred…