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Federal court extends stay in HOA coverage suit, awaits Nevada Supreme Court ruling
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Court Report
Wednesday, December 21, 2022
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In one of several suits brought against title insurers for allegedly breaching their obligations to cover losses sustained by banks as a result of homeowners’ association foreclosure sales, the U.S. District Court for the District of Nevada granted a motion to extend the stay in the case in order to await the forthcoming ruling of the Supreme Court of Nevada in PennyMac Corp. v. Westcor Land Title Insurance Co.
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