Ryan Bolick obtained a pretrial voluntary dismissal from Plaintiff Title Insurance Company for claims of legal malpractice against client attorney. Mr. Bolick discovered that the co-Defendant borrower had attempted to commit fraud by providing a loan number to her closing attorney that did not correspond to the property she was refinancing. The co-defendant borrower had two loans on two different properties for an identical amount (taken out at the same time) with the same bank and after she presented a loan number to the property uninvolved with the refinance and it was paid off, she sold the unencumbered property free and clear. The Title Insurance Company determined that the elaborate scheme would not have been discovered by any attorney and that the standard of care for the real estate closing was not breached.
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