Legal Opinion
Chicago Title Insurance v. Huntington National Bank
Ohio Supreme Court
Decided December 8, 1999No. 98-2102PublishedCited by 43 opinions
1Opinion of the CourtLundberg Stratton, J.
The issues before us are the correct measure of damages under a mortgagee’s title insurance policy when security fails due to an undiscovered, prior lien, whether a mortgagee has an obligation to bid on the subject property at the foreclosure sale in an effort to mitigate its damages, and the validity of HNB’s tort claims for failure to discover the lien.
For the reasons that follow, we reverse the judgment of the court of appeals in part and hold that the correct measure of damages under a mortgagee’s title insurance policy when security fails due to an undiscovered, prior lien is the amount…
2Cases cited13 opinions
- Alexander v. Buckeye Pipe Line Co.Ohio Supreme Court · 1978
- Kelly v. Medical Life InsuranceOhio Supreme Court · 1987
- Nationwide Mutual Fire Insurance v. Guman Bros. FarmOhio Supreme Court · 1995
- Foster Wheeler Enviresponse, Inc. v. Franklin County Convention Facilities AuthorityOhio Supreme Court · 1997
- Latina v. Woodpath Development Co.Ohio Supreme Court · 1991
8 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- Mark-It Place Foods, Inc. v. New Plan Excel Realty Trust, Inc.Ohio Court of Appeals · 2004
- Bondex International, Inc. v. Hartford Accident & Indemnity Co.Court of Appeals for the Fifth Circuit · 2011
- Armstrong v. Clarkson CollegeNebraska Supreme Court · 2017
- Chicago Title Ins. Co. v. Huntington Natl. BankOhio Supreme Court · 1999
- Bosserman Aviation Equipment, Inc. v. United States Liability InsuranceOhio Court of Appeals · 2009
38 more not listed; retrieve them via the Exa API.