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Appeals Court Overturns Record $706M San Antonio Jury Verdict

By on June 5, 2020 in Arbitration & Mediation, Real Estate

“A state appeals court Wednesday overturned a record $706 million verdict rendered by a San Antonio jury more than two years ago,” reports Patrick Danner in San Antonio Express News’ Business.

“The 4th Court of Appeals in San Antonio reversed a trial court’s judgment on real estate analytic firm HouseCanary Inc.’s fraud and misappropriation of trade secret claims against Amrock Inc., a Detroit home appraisal company affiliated with Quicken Loans Inc. Amrock formerly was known as Title Source Inc.”

“The two claims were sent back to a state District Court in San Antonio for a new trial.”

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