Mortgage Co. Seeks Coverage In Property Lien Spat

Law360, New York (July 8, 2009, 12:00 AM EDT) -- Graham Mortgage Corp. has attacked the Lawyers Title Insurance Corp.'s claim that it is not liable to defend or indemnify the mortgage company in an underlying suit challenging Graham's liens on a $9.6 million property in Texas.

In a counterclaim filed Wednesday in the U.S. District Court for the Eastern District of Texas, the Dallas-based mortgage company argues that its claim for indemnity and defense in the property lawsuit are covered by Lawyers Title policies that provide for defense against third-party claims challenging the superiority of...
To view the full article, register now.