Legal Opinion

Home Federal Savings Bank v. Ticor Title Insurance

Court of Appeals for the Seventh Circuit

Decided September 6, 2012No. 11-3446PublishedCited by 28 opinions

1Opinion of the Court

HAMILTON, Circuit Judge.

This case concerns a title insurance policy covering a construction project. The plaintiff is the insured party, Home Federal Savings Bank, which agreed to lend up to $95.5 million to finance the construction of a new ethanol production plant. When the developer of the plant ran into serious trouble finishing the project, the bank did not disburse the final $8 million of the loan amount. The developer defaulted on the debt to the bank and fired its general contractor, which then filed a mechanic’s lien on the property to recover $6 million allegedly owed it. When the…

2Cases cited22 opinions

  1. Liberty Mutual Insurance Co. v. MetzlerIndiana Court of Appeals · 1992
  2. Cincinnati Insurance v. MallonIndiana Court of Appeals · 1980
  3. Terre Haute First National Bank v. Pacific Employers Insurance Co.Indiana Court of Appeals · 1994
  4. First American Title Insurance v. Action Acquisitions, LLCArizona Supreme Court · 2008
  5. Trisler v. Indiana Insurance Co.Indiana Court of Appeals · 1991

17 more not listed; retrieve them via the Exa API.

3Cited by28 opinions

  1. United Fire & Casualty Compan v. Prate Roofing & InstallationsCourt of Appeals for the Seventh Circuit · 2021
  2. Telamon Corporation v. Charter Oak Fire Insurance CoCourt of Appeals for the Seventh Circuit · 2017
  3. Atlantic Casualty Insurance Co v. Juan GarciaCourt of Appeals for the Seventh Circuit · 2017
  4. BB Syndication Services, Incor v. First American Title InsurancCourt of Appeals for the Seventh Circuit · 2015
  5. Beneficial Mutual Savings Bank v. Stewart Title Guaranty Co.District Court, E.D. Pennsylvania · 2014

23 more not listed; retrieve them via the Exa API.

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