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LAWYERS TITLE INSURANCE v. UNITED AMERICAN BANK

Nos. 94-2870-TUA, 94-2871-TUA.

21 F.Supp.2d 785 (1998)

LAWYERS TITLE INSURANCE CORPORATION, Plaintiff, v. UNITED AMERICAN BANK OF MEMPHIS, Defendant. FIRST AMERICAN TITLE INSURANCE COMPANY, Plaintiff, v. UNITED AMERICAN BANK OF MEMPHIS, Defendant.

United States District Court, W.D. Tennessee, Western Division.

August 19, 1998.

Attorney(s) appearing for the Case

Oscar C. Carr, III, Glankler Brown Gilliland Chase Robinson & Raines, Memphis, TN, for Lawyers Title Insurance Corporation.

Rebecca P. Tuttle, Steven C. Brammer, Farris Mathews Branan & Hellen, Memphis, TN, William E. Norcross, Norcross Law Firm, Cordova, TN, for United American Bank of Memphis.

John C. Speer, Stephen W. Ragland, Baker Donelson Bearman & Caldwell, Memphis, TN, for First American Title Insurance Company.

ORDER ON DEFENDANT'S MOTION TO DISMISS AND PLAINTIFFS' MOTIONS FOR PARTIAL SUMMARY JUDGMENT

TURNER, District Judge.

Lawyers Title Insurance Corporation ("Lawyers Title") and First American Title Insurance Company ("First American") filed this action against United American Bank of Memphis ("UAB") alleging that UAB's wrongful actions caused various mortgage lenders, all of whom were insured by plaintiffs, to suffer significant financial losses. Plaintiffs,...

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