Legal Opinion
Scarburgh Co. v. American Manufacturers Mutual Insurance
New York Supreme Court
Decided November 1, 1979PublishedCited by 8 opinions
1Opinion of the Court
OPINION OF THE COURT
Richard W. Wallach, J.
Like Banquo’s ghost, the famous “salad oil swindle” will not down. Sixteen years after the collapse of Allied Crude Vegetable Oil Refining Corporation (Allied), it continues to generate litigation such as the case at hand.
Plaintiff (Scarburgh) brings this action to recover upon an excess marine insurance policy issued by defendant (AMMI) which is alleged by Scarburgh to cover losses sustained by it in the Allied debacle. Scarburgh asserts that at the time of Allied’s bankruptcy filed on November 19, 1963, Scarburgh was the holder for value of an…
2Cases cited5 opinions
- Sebring v. Fidelity-Phenix Fire InsuranceNew York Court of Appeals · 1931
- Stecker v. American Home Fire Assurance Co.New York Court of Appeals · 1949
- Millar v. New Amsterdam Casualty Co.Appellate Division of the Supreme Court of the State of New York · 1936
- Rosenfeld v. Union Insurance Society of Canton, Ltd.District Court, E.D. New York · 1957
- Morton v. Home InsuranceAppellate Division of the Supreme Court of the State of New York · 1969
3Cited by8 opinions
- Putnam Resources v. Ronald M. Pateman, Ronald M. Pateman v. Frenkel & Company, Inc.Court of Appeals for the First Circuit · 1992
- Atlantic Mutual Insurance v. Balfour MacLaine International Ltd.Court of Appeals for the Second Circuit · 1996
- 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
- Nordberg v. CommissionerUnited States Tax Court · 1982
- Albany Insurance v. WisniewskiDistrict Court, D. Rhode Island · 1984
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