Legal Opinion

Garcy Corporation v. Home Insurance Company

Court of Appeals for the Seventh Circuit

Decided May 7, 1974No. 73-1298PublishedCited by 15 opinions

1Opinion of the Court

SPRECHER, Circuit Judge.

This appeal presents the troublesome question of the worth of a building that burned down shortly before it was to have been demolished.

Plaintiff owned five buildings in the same block: a seven-story building, a four-story building, a two-story building, a one-story building and a quonset hut. In April, 1970, each of the six defendant insurance companies issued identical policies totaling $300,000 against fire damage to any or all of the five buildings.

In May or June of 1970, plaintiff entered into a contract with a wrecking company for the demolition of all the…

2Cases cited29 opinions

  1. Dubin Paper Co. v. Insurance Co. of North AmericaSupreme Court of Pennsylvania · 1948
  2. Bailey T. Debardeleben and Richard Egan, Surviving Trustees of Debardeleben Employee's Retirement Plan v. Marcellus M. CummingsCourt of Appeals for the Fifth Circuit · 1972
  3. Briney v. Tri-State Mutual Grain Dealers Fire InsuranceSupreme Court of Iowa · 1962
  4. First National Bank v. Boston InsuranceIllinois Supreme Court · 1959
  5. Federal Savings and Loan Insurance Corporation, an Agency of the United States v. Quinn HoganCourt of Appeals for the Seventh Circuit · 1973

24 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. A & P General Contractors, Inc. v. Asociación Caná, Inc.Supreme Court of Puerto Rico · 1981
  2. Arthur Butler, Plaintiff-Appellant-Cross v. Stover Brothers Trucking Company, a Corporation, and William D. Paulson, Defendants-Appellees-CrossCourt of Appeals for the Seventh Circuit · 1977
  3. New Ponce Shopping Center, S.E. v. Integrand Assurance Co.Court of Appeals for the First Circuit · 1996
  4. Speaker Sortation Systems, Division of A-T-O, Inc. v. United States Postal ServiceCourt of Appeals for the Seventh Circuit · 1978
  5. Chicago Title & Trust Co., as Trustee Under Trust No. 49944 v. United States Fidelity & Guaranty Co.Court of Appeals for the Seventh Circuit · 1975

10 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API