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GOLOTRADE SHIPPING & CHARTERING v. TRAVELERS INDEM.

No. 87 Civ. 4356 (KC).

706 F.Supp. 214 (1989)

GOLOTRADE SHIPPING AND CHARTERING, INC. and Intercontinental Affiliates, Plaintiffs, v. The TRAVELERS INDEMNITY CO. and the Travelers Insurance Co., Defendants.

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

February 1, 1989.

Attorney(s) appearing for the Case

Thomas J. Fleming, Olshan, Grundman & Frome, New York City, for plaintiffs.

David Heller, Raymond Lawlor, Lawlor & Caulfield, New York City, for defendants.

AMENDED MEMORANDUM OPINION AND ORDER

CONBOY, District Judge:

This action arises out of a comprehensive general liability insurance policy issued by the Travelers Indemnity Co. and the Travelers Insurance Co. (collectively "Travelers") to the plaintiff Intercontinental Affiliates, predecessor in interest of M. Golodetz Co. Golotrade Shipping and Chartering Inc. is a wholly owned affiliate of Intercontinental. (Plaintiffs will hereinafter be referred to collectively...

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