· 6/19/1986
American Savings and Loan Association v. Lawyers Title Insurance Corporation
Citations
- 793 F.2d 780
- 1986 U.S. App. LEXIS 26246
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that the lower court found that the lender knew the project might be underfunded
- quoting, inter alia, Brown v. St. Paul Title Ins. Co., 634 F.2d 1103, 1107–08 n.8 (8th Cir. 1980)
- rejecting LTIC’s contention that an insured created or suffered liens which arose because a project was underfunded and the insured knew of the risk of underfunding at the time of the loan
- defining “suffer” to include “to allow or permit (an act, etc.)”
- the term “suffered” is synonymous with “permit” and it implies knowledge of the encumbrance and the power to prevent the title insurance claim from arising
- “The term ‘created’ has generally been construed to require a conscious, deliberate and sometimes affirmative act intended to bring about the conflicting claim, in contrast to mere inadvertence or negligence.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Engel, Merritt, Gibbons
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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