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Closing Attorney Accountable for Failing to Secure Collateral

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Closing Attorney Accountable for Failing to Secure Collateral

On behalf of a hedge fund, Halsey Knapp and Jonathan Hawkins negotiated a high six-figure recovery from a title insurance company and its closing attorney for failing to secure a first position priority lien on a multi-million dollar piece of collateral they had insured and for failing to follow closing instructions. Stillwater Asset Backed Holdings, LP v. First American Title Insurance Company and Doss & Associates, In the Business Court of Fulton County (Judge Bonner) Ga. Ct. Apps. Case Nos. A13A0988-A13A0990 (Op. Nov. 21, 2013) reversed en banc (Dec. 13, 2013).

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