August 31, 2015
Monday’s Adjudication Roundup
- Thornburg Mortgage Inc. Ch. 11 trustee wins $45 million against RBC Capital Markets LLC for seizing and miscalculating the value of some mortgage-backed securities from Thornburg in 2007.
- Fidelity National Title Insurance Co. will not be liable for $38 million for its policyholders settling in third-party mechanic’s lien suit against Fidelity’s interest in a real estate development, as it does not comply with Arizona Supreme Court precedent.
