Fidelity & Deposit Co. v. Peat, Marwick, Mitchell & Co.
New York Supreme Court
1Opinion of the Court
*937OPINION OF THE COURT
Alan J. Saks, J.
Defendant Peat, Marwick, Mitchell & Co. (Peat) moves to dismiss the entire action on grounds that it is time barred and also moves to dismiss the component causes of action on other grounds as well.
The factual allegations of the amended complaint are: in September 1980 plaintiffs Fidelity and Deposit Company of Maryland (Fidelity) and Fireman’s Fund Insurance Company (Fireman’s), as cosureties, renewed a fidelity bond in which they agreed to indemnify Allied Bancshares, Inc. (Bancshares) and its subsidiary Allied Bank of Texas (Allied) against losses caused…
2Cases cited11 opinions
- Gaddis v. SmithTexas Supreme Court · 1967
- Atkins v. CroslandTexas Supreme Court · 1967
- Quinn v. PressTexas Supreme Court · 1940
- Martin v. Edwards LaboratoriesNew York Court of Appeals · 1983
- Video Corp. of America v. Frederick Flatto Associates, Inc.New York Court of Appeals · 1983
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3Cited by1 opinion
- Allied International Bancorp, Inc. v. Peat, Marwick, Mitchell & Co.New York Supreme Court · 1988