Home Federal Savings Bank v. Ticor Title Insurance
Court of Appeals for the Seventh Circuit
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
- Liberty Mutual Insurance Co. v. MetzlerIndiana Court of Appeals · 1992
- Cincinnati Insurance v. MallonIndiana Court of Appeals · 1980
- Terre Haute First National Bank v. Pacific Employers Insurance Co.Indiana Court of Appeals · 1994
- First American Title Insurance v. Action Acquisitions, LLCArizona Supreme Court · 2008
- Trisler v. Indiana Insurance Co.Indiana Court of Appeals · 1991
17 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- United Fire & Casualty Compan v. Prate Roofing & InstallationsCourt of Appeals for the Seventh Circuit · 2021
- Telamon Corporation v. Charter Oak Fire Insurance CoCourt of Appeals for the Seventh Circuit · 2017
- Atlantic Casualty Insurance Co v. Juan GarciaCourt of Appeals for the Seventh Circuit · 2017
- BB Syndication Services, Incor v. First American Title InsurancCourt of Appeals for the Seventh Circuit · 2015
- 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.