Legal Opinion
Mercantile & General Reinsurance Co. v. Colonial Assurance Co.
New York Court of Appeals
Decided November 18, 1993PublishedCited by 17 opinions
1Opinion of the Court
OPINION OF THE COURT
Simons, J.
This appeal presents a question on the role of the jury, and the conclusiveness of its findings, in actions in which both legal and equitable claims are advanced by the parties.
The defendant Spanno Corporation was in the business of guaranteeing prospective purchasers of capital equipment that the equipment would have a stated residual value at a given future date. Since Spanno had to assure its customers that it would be able to make good on its guarantees, it obtained insurance for that purpose from the defendants Colonial Assurance Company and Union…
2Cases cited9 opinions
- Cohen v. Hallmark Cards, Inc.New York Court of Appeals · 1978
- Beacon Theatres, Inc. v. WestoverSupreme Court of the United States · 1959
- MOTOR VEHICLE MFRS. v. StateNew York Court of Appeals · 1990
- Phoenix Mutual Life Insurance v. ConwayNew York Court of Appeals · 1962
- McClave v. . GibbNew York Court of Appeals · 1898
4 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Hudson View II Associates v. GoodenAppellate Division of the Supreme Court of the State of New York · 1996
- People v. WhitehurstAppellate Division of the Supreme Court of the State of New York · 2002
- National Ass'n for the Advancement of Colored People v. Acusport, Inc.District Court, E.D. New York · 2003
- Michigan National Bank-Oakland v. American Centennial InsuranceAppellate Division of the Supreme Court of the State of New York · 1994
- NAACP v. AcuSport, Inc.District Court, E.D. New York · 2003
12 more not listed; retrieve them via the Exa API.