Cincinnati Insurance v. Taylor-Morley, Inc.

MEMORANDUM AND ORDER

REAGAN, District Judge:

A. Introduction & Procedural Background

In February 2005, seven homeowners— Joseph Findley, Heather Findley, Timothy Hoestermann, Debra Hoestermann, Norma Hoestermann, Mark Ratliff and Vivian Ratliff — sued real estate developer Taylor-Morley, Inc. (“TMI”) in the Circuit Court of St. Clair County alleging that TMI breached contractual obligations and made false representations about “Olde Lantern Estates,” a real estate development in Belleville, Illinois (St. Clair County Case No. 05-L-1025). According to the homeowners, TMI promised that the homes…