Legal Opinion

Admiralty Fund v. Peerless Insurance

California Court of Appeal

Decided May 26, 1983No. Civ. 64733PublishedCited by 20 opinions

1Opinion of the Court

Opinion

KLEIN, P. J.

Plaintiffs and appellants Admiralty Fund, the Income Fund of Boston, Inc., Competitive Capitol Fund and Seaboard Leverage Fund (Funds) appeal from a judgment entered pursuant to the granting of defendant and respondent Peerless Insurance Company’s (Peerless) motion for summary judgment.

For the reasons hereinafter expressed, we conclude that equitable tolling principles may be applicable to the loss discovery provision in the fidelity insurance contract in issue in the present case.

Since the trial court in granting the summary judgment on the theory that there was “no…

2Cases cited31 opinions

  1. Order of Railroad Telegraphers v. Railway Express Agency, Inc.Supreme Court of the United States · 1944
  2. Burks v. LaskerSupreme Court of the United States · 1979
  3. Addison v. State of CaliforniaCalifornia Supreme Court · 1978
  4. Wyatt v. Union Mortgage Co.California Supreme Court · 1979
  5. Crane v. State Farm Fire & Casualty Co.California Supreme Court · 1971

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3Cited by20 opinions

  1. Davis & Cox, a Partnership, Plaintiff-Appellee/cross-Appellant v. Summa Corporation, Defendant-Appellant/cross-Appellee. Chester C. Davis, Plaintiff-Appellee/cross-Appellant v. Summa Corporation, Defendant-Appellant/cross-Appellee. Summa Corporation, Defendant-Counterclaimant/appellant v. Davis & Cox, a Partnership, Chester C. Davis, Maxwell E. Cox, Howard M. Jaffe and Martin Cook, Plaintiffs-Counterdefendants/appellees. Summa Corporation, Hughes Aircraft Corporation, Defendants- Counterclaimants/appellants v. Chester C. Davis, Davis & Cox, Maxwell E. Cox, Howard M. Jaffe and D. Martin Cook, Counterdefendants/appelleesCourt of Appeals for the Ninth Circuit · 1985
  2. Cox v. Summa Corp.Court of Appeals for the Ninth Circuit · 1985
  3. Intel Corp. v. Hartford Acc. and Indem. Co.District Court, N.D. California · 1988
  4. Karen Kane Inc. v. Reliance Insurance Company, a Corporation, OpinionCourt of Appeals for the Ninth Circuit · 2000
  5. California Union Insurance Co. v. American Diversified Savings BankCourt of Appeals for the Ninth Circuit · 1991

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