Dunmore Owner Must Cough Up $16M In Travelers Bond Row

Law360, New York (December 11, 2017, 8:33 PM EST) -- The former owner of defunct home builder Dunmore Homes Inc. has been hit with an order in a California federal court directing him to cough up millions of dollars that he allegedly has stashed overseas in order to satisfy a $16 million judgment Travelers won in a bond insurance suit.

In an order entered Monday, U.S. District Judge Troy L. Nunley concluded that although there was no federal law he could use to force the repatriation of the funds, there was a California state law that...
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Case Information

Case Title

Travelers Casualty v. Dunmore, et al


Case Number

2:07-cv-02493

Court

California Eastern

Nature of Suit

Contract: Other

Judge

Troy L. Nunley

Date Filed

November 19, 2007

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