Lima Delta Company v. Global Aerospace, Inc.

Rickman, Judge.

Global Aerospace, Inc., issued a broad horizon aviation insurance policy to Lima Delta Company, TridentAS, 1 and Socikat 2 to insure a Gulfstream G-IV aircraft (the “Policy”). The aircraft crashed while landing in the Democratic Republic of the Congo (the “DRC”) on February 12, 2012. Approximately three months later, Global filed an action against the named insureds and other entities, seeking rescission based on alleged misrepresentations and fraud regarding where the aircraft would be based, ownership of the aircraft, and the primary use of the aircraft, and, alternatively, a…