First American Must Back Lender Over Failed $100M Project

Law360, New York (November 1, 2011, 9:51 PM EDT) -- A Wisconsin federal judge on Tuesday said First American Title Insurance Co. had breached its duty to defend lender BB Syndication Services Inc. in a dispute over a bankrupt developer's failed $100 million commercial real estate project in Kansas City, Mo.

U.S. District Judge William M. Conley said BB Syndication is entitled to declaratory judgment on First American's breach of duty and also entitled to recover damages.

However, “the extent of the duty to defend, the extent of the duty to indemnify, the extent of damages...
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