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NATIONAL UNION FIRE INS. v. THOMAS

No. 86 CIV. 2272 (LLS).

713 F.Supp. 62 (1988)

NATIONAL UNION FIRE INSURANCE CO. OF PITTSBURGH, PA., Plaintiff, v. George THOMAS, Defendant.

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

June 6, 1988.

Attorney(s) appearing for the Case

Richard F. Russell, D'Amato & Lynch, New York City, for plaintiff Nat. Union Fire Ins. Co.

J. Portis Hicks, Drinker Biddle & Reath, New York City, David F. Walbert, Walbert & Hermann, Atlanta, Ga., for defendant George Thomas.

MEMORANDUM ORDER

VINCENT L. BRODERICK, District Judge.

This is one of over 200 cases filed in this court by plaintiff, National Union Fire Insurance Company of Pittsburgh, Pa., ("National Union"), an issuer of financial guarantee bonds, 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. In these actions, plaintiff also seeks to enforce its rights as subrogee...

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