Deck v. Merrimack Mutual Fire Insurance
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Order unanimously affirmed with costs. Memorandum: Supreme Court properly denied the motion of defendant for summary judgment seeking a declaration that it owed no obligation to indemnify plaintiffs under a policy of insurance issued by defendant to plaintiffs’ mortgagor, Louis Fumerelle. Defendant contends that, because plaintiffs failed to move for a deficiency judgment within 90 days after they obtained the mortgaged property at a foreclosure sale and received the Referee’s deed, their insurable interest in the property was extinguished (see, RPAPL 1371 [2], [3]; Moke Realty Corp. v…
2Cases cited12 opinions
- Ryan v. New York Telephone Co.New York Court of Appeals · 1984
- Allied Chemical v. Niagara Mohawk Power Corp.New York Court of Appeals · 1988
- Malloy v. TrombleyNew York Court of Appeals · 1980
- Ross v. Medical Liability Mutual InsuranceNew York Court of Appeals · 1990
- Procco v. KennedyAppellate Division of the Supreme Court of the State of New York · 1982
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3Cited by2 opinions
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- Lu v. GambaAppellate Division of the Supreme Court of the State of New York · 2018