Legal Opinion

Sun Insurance v. Hercules Securities Unlimited, Inc.

Appellate Division of the Supreme Court of the State of New York

Decided December 27, 1993PublishedCited by 31 opinions

1Opinion of the Court

OPINION OF THE COURT

Bracken, J. P.

In June 1989 three thieves conceived of a scheme to steal a large sum of money from an armored car company. Theirs was to be the ultimate "inside job” in that the three conspirators did not plan to accomplish the actual theft until after their "front man”, Ronnie Bryser, had acquired control of the very armored car company from which they planned to steal. This criminal project went forward as planned, at least until November 12, 1989, when approximately $3,700,000 was stolen from the vault of the defendant Hercules Securities Unlimited, Inc. (hereinafter…

2Cases cited32 opinions

  1. Ryan v. New York Telephone Co.New York Court of Appeals · 1984
  2. Continental Casualty Co. v. Rapid-American Corp.New York Court of Appeals · 1993
  3. Gramatan Home Investors Corp. v. LopezNew York Court of Appeals · 1979
  4. D'Arata v. New York Central Mutual Fire InsuranceNew York Court of Appeals · 1990
  5. Mutual Life Insurance Co. of New York v. Hilton-GreenSupreme Court of the United States · 1916

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3Cited by31 opinions

  1. Ferris v. CuevasCourt of Appeals for the Second Circuit · 1997
  2. First Financial Insurance Company, Plaintiff-Counter v. Allstate Interior Demolition Corp., Defendant-Cross Defendant-Counter Claimant-Appellant, Hrh Construction Interiors, Inc., Defendant-Cross Claimant-Counter Claimant-Appellant, the Plaza Hotel Plaza Operating Partners, Ltd Fairmont Hotel Management, L.P. And New Plaza Associates, L.L.C.Court of Appeals for the First Circuit · 1999
  3. Atlantic Mutual Insurance v. Balfour MacLaine International Ltd.Court of Appeals for the Second Circuit · 1996
  4. In Re Balfour MacLaine International Limited, Debtor. Atlantic Mutual Insurance Company v. Balfour MacLaine International Limited Van Ekris & Stoett Inc. Amro Bank Bank Brussels Lambert, S.A. Banque Indosuez Bsi-Banca Della Svizzera Italiana, Insurance Company of North America v. Armenia Coffee Corporation, Rafael Espinosa & Hnos., Bankers Trust Company, National Westminster Bank, American Express Bank Ltd., Chase Manhattan Bank, N.A., French American Banking Corp., Chemical Bank, First Fidelity Bank, New Jersey, Pbtc International Bank, Credit Agricole Cnca, Baii Banking CorporationCourt of Appeals for the First Circuit · 1996
  5. First Financial Insurance v. Allstate Interior Demolition Corp.Court of Appeals for the Second Circuit · 1999

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