Strauss, Factor, Laing & Lyons Strauss, Factor, Laing & Lyons
Contact us Today to Schedule your initial consultation
Finding creative solutions to complex Legal problems
401-456-0700 open menu

Posts tagged "title insurance coverage notice scope prejudice interpret policy ambiguity Goat Island South IDC"

Federal District Court Denies Title Insurer's Summary Judgment Motion

This is the most recent decision in a long-festering morass of state and federal litigation respecting a condominium development in Newport, Rhode Island known as "Goat Island South" ("GIS"). The title insurer for the development moved for summary judgment on a $10 million claim brought by the developer arguing that the developer had failed to submit to an examination under oath ("EUO"); had prejudiced the insurer by submitting a late notice; the policy did not cover certain parts of the development known as the North Unit; and claims related to amendments to the condominium documents after the policy issued were not covered. The federal district court denied the motion finding there were material issues of disputed fact with respect to all the insurer's arguments.