Legal Opinion

Contractors Realty Co. v. Insurance Co. of North America

District Court, S.D. New York

Decided May 17, 1979No. 77 Civ. 3459(MP)PublishedCited by 30 opinions

1Opinion of the Court

FINDINGS AND OPINION

POLLACK, District Judge.

I

SUMMARY STATEMENT

In November 1972, Gene DeMatteo, through the corporation he controls, purchased a brand new pleasure yacht from Chris Craft. He bought the yacht in order to entertain business clients and his family during local excursions and longer voyages between Connecticut and Florida, and do so with the style, grace and comfort one would expect from such a yacht. And, just as one would do with a new house or automobile, DeMatteo took out all risk insurance to cover the new yacht for any harm that might befall it.

Unfortunately, the style and…

2Cases cited23 opinions

  1. Saskatchewan Government Insurance Office v. Spot Pack, Inc.Court of Appeals for the Fifth Circuit · 1957
  2. Gulfstream Cargo, Ltd. v. Reliance Insurance CompanyCourt of Appeals for the Fifth Circuit · 1969
  3. Bible v. John Hancock Mutual Life InsuranceNew York Court of Appeals · 1931
  4. Fireman's Fund Insurance Company v. Wilburn Boat CompanyCourt of Appeals for the Fifth Circuit · 1962
  5. Henjes v. Aetna Ins. Co.Court of Appeals for the Second Circuit · 1943

18 more not listed; retrieve them via the Exa API.

3Cited by30 opinions

  1. Standard Structural Steel Co. v. Bethlehem Steel Corp.District Court, D. Connecticut · 1984
  2. Ariston Airline & Cater. Sup. Co., Inc. v. ForbesNew Jersey Superior Court Appellate Division · 1986
  3. Atl. Specialty Ins. Co. v. Coastal Envtl. Grp., Inc.Court of Appeals for the Second Circuit · 2019
  4. Albany Insurance v. WisniewskiDistrict Court, D. Rhode Island · 1984
  5. Thebes Shipping, Inc. v. Assicurazioni Ausonia SPADistrict Court, S.D. New York · 1984

25 more not listed; retrieve them via the Exa API.

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