New Market Investment Corp. v. Fireman's Fund Insurance

MEMORANDUM

RAYMOND J. BRODERICK, District Judge.

The plaintiff, New Market Investment Corporation, is a Pennsylvania corporation and successor in interest to Frupac International Corporation, an importer of Chilean fruit to the United States, principally through the port of Philadelphia. The plaintiff was referred to at trial as “Frupac”, and the Court will so refer to the plaintiff in this Memorandum. The defendant, Fireman’s Fund Insurance Company (“Fireman’s Fund”), is a Delaware Corporation engaged in the business of insurance. Fireman’s Fund insured Frupac’s fruit shipped from Chile to its…