McCarthy v. Collins (In re SPG of Schenectady, Inc.)

MEMORANDUM-DECISION AND ORDER

JUSTIN J. MAHONEY, Bankruptcy Judge.

This adversary proceeding was filed by the trustee seeking declaratory relief that the defendant insurance companies, National Casualty Co. (“National”) and United National Insurance Company (“United”) honor the fire loss claims of their respective insureds, defendants Edward W. Collins and Pamela Murray, as Trustees for the benefit of the Stockholders of CoMur Enterprises, Inc. (“Col-Mur”) and J.T.I. Restaurants, Ltd., now known as IAIA’s Crossroads Restaurant, Ltd. (“IAIA”), each of which held liens against the debtor’s real…