Aspen Specialty Insurance v. 4 NYP Ventures LLC
District Court, S.D. New York
1Opinion of the Court
OPINION & ORDER
HONORABLE PAUL A. CROTTY, United States District Judge:
In May 2012, Plaintiffs Aspen Specialty Insurance Company (“Aspen”) and Land*339mark American Insurance Company (“Landmark”) sold $40 million in excess flood loss coverage to Defendant 4 NYP Ventures LLC (“4 NYP”) in conjunction with Defendant’s acquisition of an office building at 4 New York Plaza in flood-prone lower Manhattan. At the same time, Defendant procured $20 million in primary flood loss coverage by joining a preexisting master insurance policy issued by Factory Mutual Insurance Company (“FM”).
On October 29, 2012,…
2Cases cited12 opinions
- Summa v. Hofstra UniversityCourt of Appeals for the Second Circuit · 2013
- Seiden Associates, Inc. v. Anc Holdings, Inc., American National Can Co.Court of Appeals for the Second Circuit · 1992
- State v. Home Indemnity Co.New York Court of Appeals · 1985
- Raymond Smith v. County of SuffolkCourt of Appeals for the Second Circuit · 2015
- 10 Ellicott Square Court Corp. v. Mountain Valley Indemnity Co.Court of Appeals for the Second Circuit · 2010
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3Cited by6 opinions
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- Hall v. Mountain Valley Indemnity CompanyDistrict Court, S.D. New York · 2024
- Illinois Union Insurance Company v. Acer Restorations LLCDistrict Court, S.D. New York · 2020
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