Board of Trustees v. International Fidelity Insurance

MEMORANDUM OPINION

TUCKER, Chief Judge.

Presently before the Court are cross-motions for summary judgment in a diversity action for a breach of contract. Upon careful consideration of the parties’ submissions and exhibits thereto and for the reasons set forth below, the Court will grant in part and deny in part Plaintiffs’ motion and deny Defendant’s motion in its entirety.

I. FACTUAL AND PROCEDURAL BACKGROUND

Because the Court writes primarily for the parties, it sets forth only those facts that are relevant to its conclusion. Though the parties contest the significance of the facts underlying…