U.S. v. Marlatt, No. 93-3855 (7th Cir.) (24 F.3d 1005) (May 20, 1994) (Judge Richard A. Posner)
Case held that held that the $565,000 spent by the title insurance company in purchasing insured condominium units was not a "loss" caused by defendant's fraud for purposes of the fraud Guidelines - USSG ยง 2F1.1 - as they were consequential damages.
Full article and associated cases available to subscribers.
As a digital subscriber to Punch and Jurists, you can access full text and downloads for this and other premium content.
Already a subscriber? Login