Legal Opinion
Indemnity Insurance Co. of North America v. American Deseret Ltd. Partnership
District Court, S.D. New York
Decided July 1, 1993No. 86 Civ. 1843 (MBM)PublishedCited by 4 opinions
1Opinion of the Court
OPINION AND ORDER
MUKASEY, District Judge.
Plaintiff Indemnity Insurance Company of North America (“UNA”) guaranteed as surety in 1985 promissory notes (the “Notes”) executed by defendants as limited partners in the proposed syndicated purchase of an Angus bull named High Voltage, and the sale of his semen for cattle reproduction. High Voltage proved less potent than his name, the venture failed, and the partners defaulted on the Notes. IINA paid the Notes, sued defendants, and now moves for summary judgment to collect the amounts it paid on behalf of 12 of them. 1 Defendants have argued that…
2Cases cited20 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- United States v. Diebold, Inc.Supreme Court of the United States · 1962
- John C. Donahue v. Windsor Locks Board of Fire Commissioners, John R. Colli, Jr., Russell C. Gabrielson, and John R. Colli, IIICourt of Appeals for the Second Circuit · 1987
- Knight v. U.S. Fire Insurance CompanyCourt of Appeals for the Second Circuit · 1986
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3Cited by4 opinions
- Northwestern National Insurance Company of Milwaukee, Wisconsin, Cross-Appellee v. Jerry LutzCourt of Appeals for the Seventh Circuit · 1996
- Indemnity Insurance Co. of North America v. American Deseret Ltd. PartnershipCourt of Appeals for the Second Circuit · 1995
- Charles Hardy v. Robert MillerCourt of Appeals of Tennessee · 2001
- Indemnity Insurance Company Of North America v. American Deseret Limited PartnershipCourt of Appeals for the Second Circuit · 1995