Jonari Management Corp. v. St. Paul Fire & Marine Insurance
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Judgment, Supreme Court, New York County (Scott, J.) entered May 13, 1980, upon a unanimous jury verdict in favor of the plaintiff in the sum of $51,856.25 for personal property damage and $96,000 for lost rental income, affirmed, with costs. The dissent fairly sets forth the facts upon which this action is based. Appellant, St. Paul Fire & Marine Insurance Co., contends that inasmuch as the plaintiff was not awarded the full amount claimed, a finding of fraud by the jury is established as a matter of law. We disagree. As long as there is a sound basis that the claim *541was made in good faith,…
2Cases cited10 opinions
- Saks & Co. v. Continental Ins.New York Court of Appeals · 1968
- Sebring v. Fidelity-Phenix Fire InsuranceNew York Court of Appeals · 1931
- Happy Hank Auction Co. v. American Eagle Fire InsuranceNew York Court of Appeals · 1956
- Stecker v. American Home Fire Assurance Co.New York Court of Appeals · 1949
- Sunbright Fashions, Inc. v. Greater New York Mutual InsuranceAppellate Division of the Supreme Court of the State of New York · 1970
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3Cited by2 opinions
- Jonari Management Corp. v. St. Paul Fire & Marine InsuranceNew York Court of Appeals · 1983
- Phoenix Canada Oil Co., Ltd. v. Texaco Inc.District Court, S.D. New York · 1990