Travelers Indemnity Co. of Illinois v. CDL Hotels USA, Inc.
District Court, S.D. New York
1Opinion of the Court
OPINION & ORDER
MUKASEY, District Judge.
Plaintiff Travelers Indemnity Company of Illinois (“Travelers”) provided the second excess layer of property insurance coverage for the Millenium Hotels, including the Millenium Hilton in New York City owned and operated by defendant CDL Hotels USA, Inc. (“CDL”). After the hotel was damaged in the attack on the World Trade Center on September 11, 2001, CDL submitted a claim for, among other things, business interruption because the hotel temporarily ceased operations as a result of the damage. After paying CDL approximately $40 million under the…
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- Chimart Associates v. PaulNew York Court of Appeals · 1986
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