BofA Gets Title Insurance Lawsuit Referred to State Court

0
By Josh Liberatore (July 26, 2022, 2:19 p.m. EDT) — A federal judge in Nevada has accepted Bank of America’s offer to dismiss its lawsuit seeking coverage for losses related to foreclosed homes in homeowners’ associations, finding that A group of title insurers’ “instant deletion” of the case was against the diversity jurisdiction rule.

U.S. District Judge Jennifer A. Dorsey said Monday that Fidelity National Title Group Inc. and other title insurers cannot circumvent the forum defendant rule by sending Bank of America’s lawsuit to federal court before one of the defendants is served or joined. the case.

This practice, known as instant withdrawal, has been commonly used…

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
  • Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

Share.

Comments are closed.