BB Syndication Services, Incor v. First American Title Insuranc
Court of Appeals for the Seventh Circuit
1Opinion of the Court
SYKES, Circuit Judge.
This case involves the most litigated provision in the standard — form title-insurance policy purchased by real-estate lenders to protect their security interests in ongoing construction projects. The project at issue here-a large commercial development in Kansas City, Missouri-was aborted in the middle of construction due to cost overruns. When the developer would not cover the shortfall, the construction lender stopped releasing committed loan funds, and contractors filed liens against the property for their unpaid work on the unfinished project.
Bankruptcy followed, and…
2Cases cited22 opinions
- American Family Mutual Insurance v. American Girl, Inc.Wisconsin Supreme Court · 2004
- Folkman v. QuammeWisconsin Supreme Court · 2003
- Auto-Owners Insurance v. Websolv Computing, Inc.Court of Appeals for the Seventh Circuit · 2009
- United States v. Richard R. GlaserCourt of Appeals for the Seventh Circuit · 1994
- State Farm Mutual Automobile Insurance v. GilletteWisconsin Supreme Court · 2002
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3Cited by13 opinions
- Findlay v. Chicago Title Insurance Co.Appellate Court of Illinois · 2022
- Captiva Lake Investments v. Fidelity National Title Ins.Court of Appeals for the Eighth Circuit · 2018
- Badger Mining Corporation v. First American Title Insurance CompanyDistrict Court, W.D. Wisconsin · 2021
- Crosby v. OneTouchPoint IncDistrict Court, E.D. Wisconsin · 2024
- Fidelity National v. Osborn III Partners LLCArizona Supreme Court · 2023
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