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NATIONAL UNION FIRE INS. CO. v. TEGTMEIER

No. 85 Civ. 7402 (LLS).

673 F.Supp. 1269 (1987)

NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA., Plaintiff, v. Ronald TEGTMEIER, Defendant.

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

November 23, 1987.

Attorney(s) appearing for the Case

D'Amato & Lynch, New York City (Richard F. Russell, Stephen J. McCahey, of counsel), for plaintiff.

Liddle & O'Connor, New York City, Page & Logue, Atlanta, Ga. (Andrew S. O'Connor, Owen D. Kurtin, New York City, J. Boyd Page, Donald A. Bacek, Atlanta, Ga., of counsel), for defendant.

OPINION AND ORDER

STANTON, District Judge.

This is one of over 350 cases presently before this Court in which plaintiff National Union Fire Insurance Company of Pittsburgh ("National Union"), an issuer of financial guarantee bonds, is suing to enforce an indemnity agreement between itself and a limited partner in one of scores of tax shelter partnerships in various parts of the country, and also to enforce its rights as subrogee of promissory notes which...

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