MEMORANDUM
FILIPPINE, District Judge.
This matter is before the Court for a decision on the merits after the parties have stipulated as to all facts. Plaintiff brings this action to recover under a policy of insurance issued by defendant Bayly, Martin & Fay Aviation Insurance Services, Inc. ("Bayly, Martin") as agent for the other named defendants ("underwriters") in this action. Plaintiff was named as a lienholder loss payee on said policy. After consideration...
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