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Developer, insurers dispute obligation to indemnify
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Court Report
Monday, September 13, 2021
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A commercial real estate developer and its title insurers disputed whether the insurers are obligated to indemnify the developer for losses it claimed from a title defect affecting 2.36 acres of an approximately 60-acre site in Yonkers, N.Y. The developer filed suit, asserting a claim for breach of contract and the parties filed cross-motions for summary judgment.
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