Mississippi Valley Title Insurance Co. v. Odom

ALMON, Justice.

Mississippi Valley Title Insurance Company (“MVT”) appeals from a summary judgment against it awarding Frederick W. Odom $100,000, the full amount of the contract of title insurance on which Odom bases his action. When Odom purchased the real property insured by MVT’s title policy, an existing judgment lien was neither satisfied nor excepted from the policy’s coverage. Approximately three years later, Odom brought this action, alleging that MVT had breached the contract by refusing to pay the judgment creditor. An earlier appeal after a trial in this action was addressed in…