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Arizona Supreme Court
Arizona Supreme Court Issues Split Ruling in Title Insurance Dispute
The Arizona Supreme Court delivered a mixed verdict in Centerpoint Mechanic Lien Claims, LLC v. Commonwealth Land Title Insurance Company, affirming parts of the lower court's decision while vacating others and remanding with instructions. The case stems from the collapse of construction financer Mortgages Ltd. and involves complex issues surrounding mechanic liens and title insurance coverage.
•Arizona Supreme Court affirmed parts of lower court decision while vacating others in title insurance dispute
•Case stems from collapse of construction financer Mortgages Ltd. and resulting mechanic lien conflicts
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