TN Metro Sues Commonwealth For $100M Hail Coverage

Law360, New York (September 1, 2011, 1:22 PM EDT) -- TN Metro Holdings LLC sued Commonwealth Insurance Co. in New York federal court Monday, seeking $100 million over allegations that it lost a group of properties to foreclosure because the insurer failed to cover repairs for extensive weather damage.

TN Metro alleges it paid $66.5 million for a group of apartments and small houses in Clarksville, Tenn., in 2007. During the sale transaction, the company says, a severe hail storm swept through the area, causing some $3.2 million in damages to the properties.

When TN Metro...
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Case Information

Case Title

TN Metro Holdings I, LLC et al v. Commonwealth Insurance Company

Case Number



New York Southern

Nature of Suit



Kenneth M. Karas

Date Filed

August 30, 2011

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