Guaranty National Title Company, Inc. v. J.E.G. Associates

U.S. Court of Appeals, Seventh Circuit · Decided 1996-11-15

Cited by 177 later decision(s) in our corpus · see the citation network in Lexace

From the opinion

EASTERBROOK, Circuit Judge. Serving as the escrow agent for the sale of an apartment and office complex in King of Prussia, Pennsylvania, Guaranty National Title Company withheld $9,650 to ensure payment of a transfer tax. After J.E.G. Associates, the buyer, verified, that it had paid the tax, Guaranty remitted the retained sum. Unfortunately, someone added a zero, and J.E.G. rece…

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