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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.