Continental Cas. Co. v. City Realty, Inc.

Continental Casualty Company (hereinafter "CNA") appeals from a declaratory judgment holding that it is obligated to pay a $300,000 judgment against City Realty, Inc., and Martha Cochran, one of the owners of City Realty. We affirm.

In City Realty, Inc. v. Continental Casualty Co.,623 So.2d 1039 (Ala. 1993), this Court affirmed a $300,000 judgment against City Realty and Martha Cochran in a fraud action brought by Wayne and Mary Forbus. The Forbuses had alleged in their complaint that Martha Cochran "had engaged in fraudulent behavior in order to obtain [certain property 'listed' for sale by…