In a very important decision for the insurance industry, a lower court previously ruled that a real estate company was not entitled to insurance coverage for a state court lawsuit seeking to void a deed it purchased for $5.8 million. The lower court held that allegations that the real estate company was complicit in fraudulent acts precluded coverage under the title insurance policy. The real estate company appealed the decision.

Our Litigation Department, led by Jonathan Nelson, successfully argued before the Second Circuit that the lower court ruling should be affirmed and that our client, the insurance company, was entitled to disclaim coverage based on the real estate company’s fraudulent acts.

Read the full decision by clicking the link below.

Summary Order