Homeowners Defend $300M JPMorgan Force-Placed Deal

Law360, New York (September 30, 2013, 5:06 PM ET) -- A class of homeowners who scored a $300 million settlement with JPMorgan Chase Bank NA and Assurant Inc. over their force-placed insurance business urged a Florida federal judge Monday to keep plaintiffs in a rival California case from interfering with the deal, saying they had forfeited that right.

The Florida class is locked in a contentious dispute with plaintiffs in a first-filed California case over consummation of the deal, and argued to U.S. District Judge Federico A. Moreno that the California plaintiffs should not be allowed to...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required

Case Information

Case Title

McNeary-Calloway v. JPMorgan Chase Bank, N.A. et al

Case Number

3:11-cv-03058

Court

California Northern

Nature of Suit

Other Statutory Actions

Judge

Joseph C. Spero

Law360 Coverage

Date Filed

June 20, 2011


Case Title

Herrick et al v. JPMorgan Chase Bank, N.A. et al

Case Number

1:13-cv-21107

Court

Florida Southern

Nature of Suit

Contract: Other

Judge

Federico A. Moreno

Law360 Coverage

Date Filed

March 28, 2013

Sections

Law Firms Mentioned

Companies Mentioned

Related Articles