West v. BANKERS AND SHIPPERS INS. CO. OF NY

MEMORANDUM OPINION

BIGGERS, District Judge.

The present cause comes before the court on the cross-motions for summary judgment filed by the parties hereto on the issue of whether the defendant insurance company is obligated to satisfy the default judgment entered against its insured on August 18, 1980 in favor of the plaintiff. Upon consideration of the motions and the memoranda submitted in support thereof, and being fully advised in the premises, the court is now in a position to rule on the motions.

The pertinent facts are undisputed. Ace Freight Line, Inc. (Ace), an interstate trucking firm…