Tribeca Companies, LLC v. First American Title Insurance

Opinion

DONDERO, J.

Plaintiff Tribeca Companies, LLC (Tribeca), appeals from the judgment of the trial court in favor of defendant First American Title Insurance Company (First American). Tribeca initiated this lawsuit after First American refunded a $1 million deposit to a real estate investor out of an escrow account that Tribeca had opened. Tribeca claimed it was entitled to the deposit and asserted claims for breach of contract, breach of fiduciary duty, fraud, and negligence. After a bench trial, the court found in favor of First American. We affirm.

FACTUAL BACKGROUND AND PROCEDURAL HISTORY