Mesa Offshore Trust (fka MOSH)

[the cork]

So if I understand what you are saying, there was no "Title Insurance" so to speak ?

Unbelievable !

Do deals at this level go through an outside LPO/escrow service, or is it handled solely through the attorneys of the principals ?

If it is the latter, omission of provision for unencumbered title would be a MAJOR FADE.

Something that basic is usually included in pre-printed legal forms one can buy at the stationary store!

If the attorneys "forgot" that little detail, I hope they are paid current on their errors and omissions insurance !