Fidelity Settles Coverage Suit Over Real Estate Row

Law360, New York (April 7, 2011, 3:58 PM EDT) -- Fidelity National Title Insurance Co. on Wednesday settled its coverage suit in Texas against a company facing a pension fund's accusations of breach of fiduciary duty and negligent misrepresentation over a real estate deal.

Fidelity and the defendant in the declaratory judgment action, TX 77 Boot Ranch Circle LLC, filed a joint motion in the U.S. District Court for the Western District of Texas asking for the case's dismissal, noting the parties had resolved the dispute.

Fidelity had wanted a ruling that its title insurance policy...
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