Legal Opinion
Ins. Co. of North America v. Borsdorff Servs., Inc.
Appellate Division of the Supreme Court of the State of New York
Decided March 28, 1996PublishedCited by 6 opinions
1Opinion of the Court
The lease provisions whereby the landlord and tenant agreed to obtain fire insurance policies with waiver of subrogation provisions barring one party’s insurer from bringing a subrogation action against the other party to recover amounts paid out under the insurance policy, is valid and enforceable, as an allocation of risk provision, and thereby precludes this subrogation claim (see, Brentano’s, Inc. v Charter Mgt. Corp., 46 AD2d 861; Cidis v Net Realty Holding Trust, 143 AD2d 720). Contrary to plaintiff’s argument that the waiver of subrogation provision was one-sided, both the landlord…
2Cases cited4 opinions
- Graphic Arts Supply, Inc. v. RaynorAppellate Division of the Supreme Court of the State of New York · 1982
- Brentano's, Inc. v. Charter Management Corp.Appellate Division of the Supreme Court of the State of New York · 1974
- Pilsener Bottling Co. v. Sunset Park Industrial AssociatesAppellate Division of the Supreme Court of the State of New York · 1994
- Cidis v. Net Realty Holding TrustAppellate Division of the Supreme Court of the State of New York · 1988
3Cited by6 opinions
- American Motorist Insurance Company v. Morris Goldman Real Estate Corp.District Court, S.D. New York · 2003
- Farmington Casualty Co. v. 23rd Street Properties Corp.District Court, S.D. New York · 1999
- Foremost Furniture Showroom, Inc. v. 830 West Co.Appellate Division of the Supreme Court of the State of New York · 2010
- General Accident Insurance v. 80 Maiden Lane AssociatesAppellate Division of the Supreme Court of the State of New York · 1998
- Hartford Steam Boiler Inspection & Insurance v. Woodstock '99 LLCAppellate Division of the Supreme Court of the State of New York · 2004
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