I am continuing with my experiment taking Kevin O'Keefe's suggestion that shorter posts attract more conversation, and that people who read blogs are not looking to read articles. In particular, I want to see if this is good advice for popular posts on insurance coverage and bad faith issues here and on Insurance Claims and Bad Faith Law blog.
Wells Fargo Insurance Services of Oregon, Inc. had mixed success in the decision in Sands Harbor Marina Corp. v. Wells Fargo Insurance Services of Oregon, Inc., No. 09-CV-3855(JS)(AYS), 2016 WL 160721, at *1 (E.D.N.Y. January 13, 2016). The Sands Harbor case was filed by "companies and individuals engaged in the business of property acquisition…. Plaintiffs claim that Defendants stole [more] than $44 million from them through a fraudulent scheme."
Wells Fargo Bank, N.A. (also a defendant in the Sands Harbor case) and Wells Fargo Insurance, Inc. have previously made prominent appearances as defendants in lender force-place insurance cases.
In the Sands Harbor case, the collective Wells Fargo defendants counterclaimed (actually, they cross-claimed) against lawyers for indemnity and contribution, and although these claims were dismissed, Wells Fargo was given leave to amend. Wells Fargo did succeed however in obtaining a judgment on the pleadings on duplicative negligence claims alleged by the plaintiffs, which were dismissed with prejudice.
TODAY IS DR. MARTIN LUTHER KING, JR.'S BIRTHDAY OBSERVED! HONOR DR. KING'S MEMORY. ACT WITH JUSTICE TODAY AND ALWAYS!
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