Imperial Premium Finance, Inc. v. GK Cab Co.

OPINION

DANIEL F. FOLEY, ** Judge.

GK Cab Company, Inc. appeals the district court’s decision to vacate a default judgment it held against respondent The Insurance Corporation of New York, frk/a Reinsurance Corporation of New York (INSCORP), and seeks attorney fees and costs in the district court and on appeal. We affirm the district court’s refusal to award attorney fees and costs, reverse its decision to vacate the default judgment, and deny attorney fees and costs on appeal.

FACTS

In June 1995 GK Cab purchased commercial insurance from INSCORP for the policy period July 5, 1995 through July 5,…