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Legal Embers Flare After St. Joseph Fire Lawsuit Targeted Kemper Arena Developer

Thursday, November 2nd, 2017 Litigation Property

A lawsuit over a burned-out building in St. Joseph has inflicted "reputational harm" to Kansas City-based Foutch Brothers LLC, says a claim by the developer behind Kemper Arena’s amateur-sports makeover. In a federal court filing Tuesday, Foutch Brothers claimed the damage to its reputation was intentional and part of an insurance company’s efforts to "coerce" acceptance of a low-ball insurance payout on the historic brick structure. Philadelphia Indemnity Insurance Co. had sued Foutch Brothers and some related businesses last month. It accused them of "fraudulent misrepresentation" in seeking nearly a $13 million claim against the building that it said was worth only $150,000.


External References & Further Reading
http://www.kansascity.com/news/business/development/article182167076.html
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