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Anyone who obtains title insurance, whether as an owner or a lender, should be aware of a recent abrupt and significant change in title insurance practices across the country.

The good news: directors and officers of Delaware corporations are free from creditors’ direct breach of fiduciary duty claims. The bad news: trading on inside information obtained while on a creditors committee could result in significant damages.

Creditanstalt Investment Bank AG, et al. v. Holme Roberts & Owen, LLP, et al., Case No. 01-CV-1677 (Denver Colo. District Court June 2011), is an example of international litigation in a U.S. court making its way through trial and decision.