FEDERAL INS. CO. v. ARGITAKOS

No. 83 Civ. 4618 (RJW).

637 F.Supp. 814 (1986)

FEDERAL INSURANCE COMPANY; Lloyds Underwriters; Sphere Insurance Co. Ltd.; Drake Insurance Co. Ltd.; Sphere Insurance Co. Ltd. "B" A/c.; Threadneedle Insurance Co. Ltd.; Andrew Weir Insurance Co. Ltd.; English & American Insurance Co. Ltd.; Nippon Fire & Marine Insurance Co. (U.K.) Ltd.; Norwich Union Fire Insurance Society Ltd. "Trust"; Norwich Union Fire Insurance Society Ltd. "Z" A/c. "Trust"; British Law Insurance Co. Ltd. No. 2 A/c.; Bishopgate Insurance Co. Ltd. "F" A/c.; British Law Insurance Co. Ltd.; Ocean Marine Insurance Co. Ltd.; Phoenix Assurance Co. Ltd.; Prudential Assurance Co. Ltd. "Trust" A/c.; Indemnity Marine Assurance Co. Ltd. "T" A/c.; Sovereign Marine & General Insurance Co. Ltd.; the Tokio Marine & Fire Insurance Co. (U.K.) Ltd.; Taisho Marine & Fire Insurance Co. (U.K.) Ltd.; Storebrand Insurance Co. (U.K.) Ltd.; Atlantic Mutual Insurance Co.; and Allianz International Insurance Co. Ltd., Plaintiffs, v. Eddie ARGITAKOS; Steve Argitakos; Christos Potamitis; George Legakis; and Nicholas Gregory, a/k/a "Nick," a/k/a "Nick the Greek," Defendants.

United States District Court, S.D. New York.

June 12, 1986.


Attorney(s) appearing for the Case

Hendler & Murray, P.C. New York City, for plaintiffs; Jerome Murray, John Nocera, Warren S. Beckerman, Robert G. Post, Lee Shalov, Robert Wang, of counsel.

Ginsberg & Katsorhis, Flushing, N.Y. for Steve Argitakos; Kerry J. Katsorhis, of counsel.

Eddie Argitakos, pro se.

Christos Potamitis, pro se.


ROBERT J. WARD, District Judge.

This civil action, founded upon diversity of citizenship, arises from the theft in December of 1982 of approximately $11 million from an armored car company's facility in The Bronx, New York. Plaintiffs move for summary judgment against defendants Eddie and Steve Argitakos and Christos Potamitis in the amount of $10,018,157.67 plus interest, costs and other disbursements. For the reasons that follow, plaintiffs' motion is granted in...

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