Paul Simon, Jr. has secured summary judgment on behalf of a governmental entity in a declaratory judgment action regarding the governmental entity’s compliance with the Missouri Tax Increment Finance Act.
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Real Estate Litigation
Bill Sauerwein successful before Eighth Circuit
Bill Sauerwein succeeded on appeal before the Eighth Circuit on behalf of the FDIC and a purchaser of a bank’s assets in an action which involved the FDIC’s powers under FIRREA and the validity of title to financial assets transferred to the FDIC’s purchasers. After a...
Illinois legislature passes SB16 to address effect of In re Crane decision
In response to the now infamous In re Crane decision, the Illinois legislature yesterday passed SB 16. The relevant language appears at the end of the enrolled bill at the following link: SB0016 The bill will become law effective June 1, 2013, if signed by Governor...
Stewart Schneider and Trent Bond obtained Summary Judgment
Stewart Schneider and Trent Bond were awarded Summary Judgment on behalf of a Bank client, in a Judgment declaring the Bank’s deed of trust to be in a first lien position. Central to the case was whether or not a Quit Claim Deed at issue, which was signed during the...
Bill Sauerwein obtains favorable opinion from Western District on “Party in Possession” exception to Title Insurance coverage
In Missouri’s first appellate opinion interpreting the “party in possession” exception to a standard title insurance policy, the Western District Court of Appeals held that the provision is unambiguous and that the standard exception to title insurance coverage...
The Consumer Financial Protection Bureau (CFPB)
The Consumer Financial Protection Bureau (CFPB) released a 1,099 page proposal last week for new mortgage disclosures which integrates forms required under the Truth in Lending Act (TILA) and Real Estate Settlement and Procedures Act (RESPA) and revises the HUD-1...
Bill Sauerwein and Trent Bond reach favorable resolution of substantial mechanics lien claims.
Bill Sauerwein and Trent Bond successfully resolved claims on behalf of a lender at a mediation conducted at Missouri University School of Law. At and following the mediation, a favorable settlement was reached with a contractor who filed a substantial mechanic’s...
Bill Sauerwein and Grant Mabie obtained Summary Judgment for an Insurer in policy coverage litigation.
Bill Sauerwein and Grant Mabie obtained Summary Judgment on behalf of a national title insurer that was sued in Greene County, Missouri. The Plaintiff argued that the policy of title insurance afforded Plaintiff a defense and indemnity in ancillary litigation. The...
Stewart Schneider and Adam Stockberger secure Quiet Title Judgment
Stewart Schneider and Adam Stockberger recently resolved a lender’s title insurance claim whereby the insured’s property was mistakenly encumbered by the neighboring owner’s warranty deed and deed of trust. A judgment was obtained correcting the legal descriptions in...
Bill Sauerwein elected Chairman of the St. Louis County Boundary Commission
Bill Sauerwein was elected Chairman of the St. Louis County Boundary Commission. The Commission conducts all hearings on proposed annexations and changes affecting municipal boundaries within St. Louis County.