Legal Opinion
Ellenberg v. Those Certain Underwriters at Lloyd's Subscribing to Policy No. ZKQ200037/P1147-1-92 (In Re Prime Commercial Corp.)
United States Bankruptcy Court, N.D. Georgia
Decided September 1, 1995No. 19-51715PublishedCited by 4 opinions
1Opinion of the Court
ORDER GRANTING DEFENDANTS’ MOTION FOR SUMMARY JUDGMENT AND DENYING PLAINTIFF’S CROSS MOTION FOR SUMMARY JUDGMENT
JAMES E. MASSEY, Bankruptcy Judge.
Prime Commercial Corporation is an additional named assured under policy no. ZKQ9200037/P1147-1-92 (the “Policy”) issued by certain underwriters at Lloyd’s of London (the “Underwriters”). The Policy covers losses arising from employee theft. In the first half of 1992, Prime made a series of highly questionable loans in transactions engineered by Patrick Wilson, who is its controlling shareholder and chief executive officer. By June 1992, other…
2Cases cited25 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
- Lujan v. National Wildlife FederationSupreme Court of the United States · 1990
- Bill Clark Herbert Futch Austin Hurst Louis Sliker and William Barrineau v. Coats & Clark, Inc.Court of Appeals for the Eleventh Circuit · 1991
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3Cited by4 opinions
- Gulf USA Corporation v. Federal Insurance CompanyCourt of Appeals for the Ninth Circuit · 2001
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- In Re HarrisonUnited States Bankruptcy Court, S.D. Florida. · 1997
- Nike, Inc. v. Northwestern Pacific Indemnity Co.Court of Appeals of Oregon · 2000