Verdicts & Settlements June 18, 2009: Breach of Escrow Agreement Brings $180,000 Verdict

Summary


A St. Louis County investor and his company won a jury verdict of $180,000 for a breach of escrow agreement suit he raised against Old Republic Title Co. of St. Louis Inc.

Plaintiff Gary Detmer claimed Old Republic improperly released escrowed loan monies for three properties Detmer and his company, Bennington Common, owned.

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Extract


Verdicts & Settlements June 18, 2009: Breach of Escrow Agreement Brings $180,000 Verdict

The three St. Louis city properties were purchased between April and June 2005. All were to be rehabbe...

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