Legal Opinion
Chemical Bank v. Affiliated FM Insurance
Court of Appeals for the Second Circuit
Decided February 25, 1999No. Docket No. 97-7982PublishedCited by 1 opinion
1Opinion of the Court
WINTER, Chief Judge:
Affiliated FM Insurance Co. (“Affiliated”) appeals from a judgment, entered after a bench trial before Judge Pollack, awarding Chemical Bank and five other banks (collectively, the “Banks”)1 approximately $47 million in damages and $45 million in prejudgment interest. The award was made under a maritime open cargo insurance policy issued by Affiliated to Andina Coffee, Inc. (“Andina”), a New York-based coffee importer. The policy named the Banks as additional insureds. See Chemical Bank v. Affiliated FM Ins. Co., 970 F.Supp. 306, 312 (S.D.N.Y.1997). For the reasons that…
2Cases cited25 opinions
- Hallock v. StateNew York Court of Appeals · 1984
- Greene v. HellmanNew York Court of Appeals · 1980
- Holm v. C.M.P. Sheet Metal, Inc.Appellate Division of the Supreme Court of the State of New York · 1982
- Standard Funding Corp. v. LewittNew York Court of Appeals · 1997
- Dudley v. . PerkinsNew York Court of Appeals · 1923
20 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Chemical Bank v. Affiliated Fm Insurance Co.Court of Appeals for the Second Circuit · 1999