Jackson Jambalaya

For a collection of all Evans case posts, see sidebar on right side of page.

A Madison County Circuit Court ordered Natchez bank Britton & Koontz and Mississippi Valley Title Insurance Company to enter into mediation last Monday. B&K loaned $904,000 on property allegedly owned by Chris Evans. Charles Evans, the brother of Chris Evans, was an approved attorney for Mississippi Valley Title and issued a phony title certificate showing an LLC operated by Chris Evans owned the land in question when in fact it never held ownership in the land at issue. Thus B&K loaned money to an LLC without realizing there was no collateral.

B&K filed a claim on its title insurance policy against MVT. MVT never paid the claim. B&K sued Mississippi Valley Title. MVT tried to invoke an arbitration clause in the policy and here we are. See earlier post. JJ has also learned Mississippi Valley Title has paid some claims but as one source put it, such claims were "a drop in the bucket".

Britton & Koontz should settle for nothing less than full payment of the claim and attorney's fees. It was MVT's rogue "approved attorney" that burned the bank. It obtained a title insurance policy to protect itself against what? Defects in the title. Mississippi Valley Title is engaging in nothing more than bad-faith stalling tactics as from day one in the Evans case, it has kept information hidden, refused to disclose the extent of the fraud until forced to do so, paid few claims out of 65 it um, claimed were filed, and fought every attempt to scrutinze its dealings with Charles Evans. B&K should demand full satisfaction.