Insurance Broker Can Challenge Damages For Skyscraper Fire

Law360, New York (April 26, 2012, 12:38 PM EDT) -- An insurance broker can argue that damages he owes for an arson attack on a Texas skyscraper should be lowered because of inconsistencies in the way the property was appraised, a California state appeals court ruled Wednesday

Judge Raymond J. Ikola upheld an earlier Texas state court decision and denied commercial real estate manager Main Street-Santa Ana LLC's appeal to block an order mandating that the damages portion of the trial be reargued. The appeals judge said there were weaknesses in the way the real estate...
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.