Riteway Carriers, Inc. v. Stuyvesant Ins.

JOYCE, District Judge.

This matter is here upon defendant’s motion for vacation of a judgment previously entered herein upon a verdict for plaintiff and alternatively for judgment notwithstanding the verdict or for a new trial.

The action was brought by plaintiff upon a policy of collision insurance issued by defendant which described a certain Fruehauf seim-trailer. Defendant among other asserted defenses claimed it had no liability for the loss by reason of a lack of insurable interest in the person to whom the policy was originally issued and that, since the trailer at the time of loss was…