BB Syndication Services, Incor v. First American Title Insuranc

  1. March 13, 2015

    7th Circ. Denies Lender Coverage For Development Liens

    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.

  2. December 11, 2013

    Insurer Owes Lender For Construction Liens, 7th Circ. Told

    The lender to a failed $100 million real estate project urged the Seventh Circuit on Wednesday to order First American Title Insurance Co. to indemnify it against construction liens asserted in the developer's bankruptcy, arguing that the policy exclusion the insurer relies upon doesn't apply.