Gotham Insurance Off Hook For Developer's $21M Judgment

Law360, New York (October 11, 2013, 3:08 PM EDT) -- A Florida judge has allowed Gotham Insurance Co. to walk away from a $21 million judgment a condominium project developer won against a Gotham-insured title insurance company, saying a now-imprisoned attorney at the insured failed to alert Gotham to the claims it faced.

The case concerns developer Lake Buena Vista Vacation Resort LC's efforts to recoup losses from a condominium project that allegedly collapsed after an attorney at its partner on the project, a title insurance company called Coastal Title Services Inc., misappropriated the escrowed deposits...
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Case Information

Case Title

Lake Buena Vista Vacation Resort, L.C. v. Gotham Insurance Company et al

Case Number



Florida Middle

Nature of Suit



Gregory A. Presnell

Date Filed

November 8, 2012

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