When businesses use escrow services, they are placing significant trust—and often substantial funds—in an escrow agent’s hands. The expectation is simple: escrow funds will not be released unless the conditions in the escrow agreement are met. A recent federal court decision underscores why choosing the right escrow agent—and the right escrow agreement—matters more than many businesses realize. Escrow Services Are About More Than Holding Funds Escrow agents do more than safeguard money….
