Master Mortgage Investment Fund, Inc. v. American National Fire Insurance (In Re Master Mortgage Investment Fund, Inc.)

MEMORANDUM OPINION

FRANK W. KOGER, Chief Judge.

The Court now revisits this adversary action filed by Debtor Master Mortgage Investment Fund (“Master Mortgage”) against American National Insurance Company (“American National”) on Defendant’s motion for summary judgment as to Count I of the complaint — the breach of contract claim. On March 9, 1993, the Court filed its opinion on Defendant’s summary judgment motion as to Counts II through IX.

FACTS

Master Mortgage made a loan to Hotel Management Corporation of Texas to acquire a hotel property in Euless, Texas. American National issued a policy of…