Dairy Queen of Fairbanks, Inc. v. Travelers Indemnity Co. of America
Alaska Supreme Court
1Opinion of the Court
OPINION
2Per curiam
Mark and Ralph Durante appeal from a jury verdict in a declaratory judgment action brought against them by Travelers Indemnity Company (Travelers). The Du-rantes owned a Dairy Queen in Fairbanks that was destroyed on August 16, 1984 by an explosion and fire. Travelers denied coverage under a fire insurance policy on the bases of arson and false swearing. We affirm.
I. Facts and Proceedings.
The Durantes agreed to purchase the Dairy Queen in November 1983 for $950,-000. They concede that they immediately fell, into arrears because their debt service exceeded their income. At the time of…
3Cases cited19 opinions
- Travelers Indemnity Co. v. ArmstrongIndiana Supreme Court · 1982
- Hayseeds, Inc. v. State Farm Fire & Cas.West Virginia Supreme Court · 1986
- City of Madison v. GeierWisconsin Supreme Court · 1965
- Saxton v. HarrisAlaska Supreme Court · 1964
- Hutt v. Lumbermens Mutual Casualty Co.Appellate Division of the Supreme Court of the State of New York · 1983
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- Atlas Assurance Co. of America v. MisticAlaska Supreme Court · 1991
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