November 30th, 2011
Early Sullivan is currently representing United General Title Insurance Company in connection with the defense of a breach of contract claim under a lenders title policy issued by our client. The plaintiff, lender RNT Holdings, contends that is was supposed to receive (and was allegedly insured for) a first position deed of trust on a residence owned by film producer David Bergtein, but only received a second position deed of trust behind another multimillion dollar lien on the property. RNT contends it was required to pay off the earlier lien and is now seeking to recoup that amount ($3.5 million) from United General Title.