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7th Circ. Denies Lender Coverage For Development Liens

By Andrew Scurria ( March 13, 2015, 2:46 PM EDT) -- The Seventh Circuit on Friday declined to grant insurance coverage for the emergence of contractor liens that wiped out the lender to a failed $118 million real estate development, deepening a split in the appellate courts on whether and when lenders deserve the blame for project failures....

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