Mortgage-Loan Modification Scam Ends with Serious Consequences
FINANCIAL SERVICES PERSPECTIVES
Connecticut Supreme Court Upholds Constitutionality of MERS Recording Statute
Financial Services Perspectives Blog
Indiana Court Weighs in on Deficiency Judgments
Financial Services Perspectives Blog
Listed in The Best Lawyers in America®, Construction Law, 2021-2025 Commercial Litigation, 2023-2025 Listed in North Carolina Super Lawyers, "Rising Star," Business Litigation, 2016-2019 Listed in North Carolina Lawyers Weekly, Leaders in the Law, 2020 Bernard v. Petroleum Resource Management, Inc., et al. (38th Judicial District Court, Cameron Parish, Louisiana) Successfully negotiated favorable settlement for client in lawsuit brought by property owners against oil and gas leaseholders and operators for injunction relief and monetary damages in excess of $450,000,000, arising out those defendants alleged violations of Louisiana environmental laws vis-à-vis the disposal of produced water. Wendy’s of Bowling Green, Inc. v. Marsh USA, Inc., United States District Court for the Middle District of Tennessee No. 3:10-cv-01043 Plaintiff sued client (insurance broker) for failure to obtain flood insurance premium in a claim arising out of the May 2010 severe flooding in Middle Tennessee. Plaintiff asserts client breached its obligations by failing to notify plaintiff-insured of its failure to pay its flood insurance premium. Plaintiff asserted claims for negligence, breach of contract, breach of fiduciary duty and violations of the Tennessee Consumer Protection Act. Plaintiff sought over $2.3 million, which included treble damages, plus attorneys’ fees and punitive damages. The novel question was whether an insurance broker has an obligation to notify an insured of its failure to pay a flood insurance policy after the broker secured the policy for the insured. Obtained summary judgment on Plaintiff’s Tennessee Consumer Protection Act and breach of fiduciary duty, significantly narrowing the issues for trial and limiting plaintiff’s potential recovery to compensatory damages. The case was settled after summary judgment was entered on a significant portion of Plaintiff’s claims.