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Caploc LLC v. Liberty Mutual Insurance Europe Ltd.

Court: ND Tx  01/03/2022  Court Grants Insured's Motion for Partial Summary Judgment and Holds Policy's New York Choice-of-Law Provision Is Unenforceable

A court of the Northern District of Texas granted an insured's motion for partial summary judgment and held that a New York choice-of-law provision in an insurance policy is not enforceable where the parties and transaction lacked any relationship to New York, and that Texas law governed the issues of the case.

financial blanket bond policy, choice-of-law, partial summary judgment, mortgage fraud, Second Restatement of Conflict of Laws, substantial relationship, reasonable basis, FRCP 56(a)

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