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ALFIN, INC. v. PACIFIC INS. CO.

No. 89 Civ. 262 (KC).

735 F.Supp. 115 (1990)

ALFIN, INC., Irwin Alfin, Sam Reich, Betsy Alfin, John D. Saunders and Bernard Stern, Plaintiffs, v. PACIFIC INSURANCE COMPANY, Defendants.

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

April 13, 1990.

Attorney(s) appearing for the Case

Andrew Dash & Ken Schachter, Solin & Breindel, New York City, for plaintiffs.

Denny Chin, Campbell, Patrick & Chin, New York City, David M. Gische, Ross, Dixon & Masback, Washington, D.C., for defendant.

MEMORANDUM OPINION AND ORDER

CONBOY, District Judge:

This dispute centers around the interpretation of an exclusion in a directors' and officers' liability policy. Both the insured and the insurer have moved for summary judgment. The insured, a company and its directors and officers (referred to collectively as "Alfin"), seek, inter alia, a declaration that the exclusion in issue does not exclude coverage for certain lawsuits against the company and...

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