InTrust Tells 7th Circ. $68M Fraud Suit Not Time-Barred

Law360, Chicago (September 27, 2011, 5:31 PM EDT) -- Independent Trust Corp. did not need to allege civil conspiracy to pause the statute of limitations on its claims that title insurance underwriter Stewart Title Co. furthered a $68 million criminal fraud, the investment firm's attorney told the Seventh Circuit on Tuesday.

InTrust attorney Adam P. Merrill of Sperling & Slater PC told a three-judge panel that a district court improperly found that InTrust did not adequately allege a conspiracy between Stewart Title and convicted fraudsters Laurence Capriotti and Jack Hargrove, and that the time limit...
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