Enodis Corp. v. Wausau Ins. Co. (In Re Consolidated Industries Corp.)

DECISION

ROBERT E. GRANT, Bankruptcy Judge.

By this adversary proceeding, the plaintiff, debtor’s former parent, Enodis (formerly Welbilt) Corporation, seeks a declaratory judgment concerning its rights under a contract by which William Hall acquired all of the debtor’s stock. In particular, Enodis asks the court to determine that it is entitled to cancel liability insurance it previously acquired for the debtor. The Trustee and Enodis have submitted that issue to the court for a decision upon an agreed statement of facts, and the briefs and arguments of counsel. 1

Prior to January 6, 1998, the…