Legal Opinion
New York University v. Continental Insurance
New York Court of Appeals
Decided December 27, 1995PublishedCited by 658 opinions
1Opinion of the Court
OPINION OF THE COURT
Simons, J.
This appeal addresses the sufficiency of the complaint and the affirmative defenses contained in the pleadings in an action by an insured against its insurer who disclaimed coverage under a commercial crime insurance policy. The two principal issues are (1) whether the complaint states a cause of action for punitive damages under the standards set forth in Rocanova v Equitable Life Assur. Socy. (83 NY2d 603) and (2) whether plaintiff has stated a cause of action under General Business Law § 349.
I
In April 1990, plaintiff New York University (NYU) discovered a…
2Cases cited28 opinions
- Leon v. MartinezNew York Court of Appeals · 1994
- Clark-Fitzpatrick, Inc. v. Long Island Rail RoadNew York Court of Appeals · 1987
- Oswego Laborers' Local 214 Pension Fund v. Marine Midland Bank, N. A.New York Court of Appeals · 1995
- Walker v. SheldonNew York Court of Appeals · 1961
- Rocanova v. Equitable Life Assurance Society of United StatesNew York Court of Appeals · 1994
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3Cited by658 opinions
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- NY Univ. v. CONT'L INS CONew York Court of Appeals · 1995
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