Insurer Sues Developer To Recoup Returned Deposits

Law360, London (September 6, 2019, 4:10 PM BST) -- Casualty & General Insurance Co. has sued an insolvent developer at a London court to recover deposit money returned to buyers in a residential development in England that was not completed.

The insurers' claim against Camco Estates Ltd., publicly posted on Thursday, is over plans to build homes at the site of a former elementary school that closed over a decade ago in the Wirral peninsula in northwest England. Camco owns the development site, according to the Aug. 6 claim at the High Court.

The litigation seeks more than £429,000 ($528,000), which represents the deposits paid out by CGIC under an...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related Sections

Law Firms