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Insurer seeks to recoup after settling dispute
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Court Report
Thursday, January 21, 2016
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After settling with the holder of a previous seller’s note, the title insurer of the most recent owner sued that seller, seeking to recover the funds it paid to end the dispute and clear title for its insured. Before that issue could be resolved, the seller filed for Chapter 7 bankruptcy. The insurer then filed an adversary proceeding in the bankruptcy court. Read on for more details.
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