March 14, 2016
Monday’s Adjudication Roundup
- The Second Circuit threw out the district court’s ruling that an insurer did not improperly deny coverage to a couple whose house collapsed because it claimed that the district court judge misconstrued a clause in the policy.
- Quicken Loans filed a motion to dismiss in False Claims Act suit for improperly underwriting mortgages.
- Mission Peak Capital filed a complaint claiming that American Capital Ltd. cannot back out of $52 million mortgage-backed securities deal.