Dan Gilbert’s Amrock Title Ordered To Shell Out $740 Million

Texas Judge Orders Dan Gilbert’s Amrock Title To Pay $740 million to HouseCanary In Software Stealing Case

Amrock TitleA Texas judge has ordered the Dan Gilbert-owned Amrock Title (f/k/a Title Source) $740 million in a software stealing case.
Gilbert’s lawyers tried to have the court vacate a jury’s earlier decision from March.
A jury ordered Amrock Title to pay $706.2 million to HouseCanary in March after it found that Amrock Title fraudulently misappropriated HouseCanary’s real estate valuation technology and appraisal analytics. breached confidentiality and other agreements between the parties.
Amrock questioned the jury’s decision. However, Judge David Canales of the 73rd District Court in Bexar County denied Amrock’s request to vacate the jury’s decision.
As a result, he handed down a final judgment in the case.
Judge Canales ordered Amrock Title to pay nearly $740 million. This included the $706,200,000 in actual and punitive damages awarded by the jury.
HouseCanary was also allowed to collect prejudgment interest of $28,989,154, and attorney’s fees of $4,528,711.

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