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REGIONS BANK v. COMMONWEALTH LAND TITLE INS. CO.

Case No. 11-23257-Civ.

977 F.Supp.2d 1237 (2013)

REGIONS BANK, Plaintiff, v. COMMONWEALTH LAND TITLE INSURANCE COMPANY, Defendant.

United States District Court, S.D. Florida, Miami Division.

September 18, 2013.

Attorney(s) appearing for the Case

Brian P. Yates , David Stuart Garbett , Joseph David Perkins , Gary Thomas Stiphany , Garbett, Stiphany, Allen & Roza, P.A., Miami, FL, for Plaintiff.

Jeffrey Clark Schneider , Stuart Isaac Grossman , Levine Kellogg Lehman Schneider & Grossman LLP, Jezabel Llorente , Jezabel Llorente, P.A., Miami, FL, for Defendant.

VERDICT AND ORDER FOLLOWING NON-JURY TRIAL ON DEFENDANT'S REFORMATION CLAIM

ROBERT N. SCOLA, JR., District Judge.

This case arises out of a failed plan to develop residential housing on a tract of land in Fort Myers, Florida during the height of the real estate boom in 2006. When the real estate market crashed prior to the development of the land, the mortgage on the property went into default and Plaintiff Regions Bank ("Regions"), mortgagee, brought...

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