Legal Opinion
New Ponce Shopping Center, S.E. v. Integrand Assurance Co.
Court of Appeals for the First Circuit
Decided June 25, 1996No. 95-2291PublishedCited by 27 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
Fire destroyed a building in Ponce, Puerto Rico, that likely would have been demolished at the owner’s behest absent the fire. The insurance company refused to pay the policy amount, arguing that the owner lacked an insurable interest by virtue of the almost certain plans for demolition. The district court rejected that argument. We affirm on the basis that the owner had not abandoned the building pursuant to an “irrevocable commitment” to demolish it.
I
Plaintiff The New Ponce Shopping Center (“New Ponce”) is a partnership that owns several commercial properties in…
2Cases cited19 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Nieves v. University of Puerto RicoCourt of Appeals for the First Circuit · 1993
- Evergreen Marine Corp. v. Six Consignments of Frozen ScallopsCourt of Appeals for the First Circuit · 1993
- A.M. Capen's Co. v. American Trading & Production Corp.Court of Appeals for the First Circuit · 1996
- Leggio v. Millers National Insurance Co.Court of Appeals of Texas · 1965
14 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Merchants Insurance Co. of New Hampshire, Inc. v. United States Fidelity & Guaranty Co.Court of Appeals for the First Circuit · 1998
- Allstate Insurance v. Occidental International, Inc.Court of Appeals for the First Circuit · 1998
- Servicios Comerciales Andinos, S.A. v. General Electric Del Caribe, Inc.Court of Appeals for the First Circuit · 1998
- Fisher v. TrainorCourt of Appeals for the First Circuit · 2001
- Sammartano v. Palmas Del Mar Properties, Inc.Court of Appeals for the First Circuit · 1998
22 more not listed; retrieve them via the Exa API.