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NORTHEAST FINANCIAL CORP. v. INA

Civ. A. No. 86-89-LON.

757 F.Supp. 381 (1991)

NORTHEAST FINANCIAL CORPORATION, Joyce Realty Corporation and Kirkwood Fitness and Racquetball Clubs, Inc., Plaintiffs, v. INSURANCE COMPANY OF NORTH AMERICA, Defendant.

United States District Court, D. Delaware.

February 28, 1991.

Attorney(s) appearing for the Case

Melvyn I. Monzack and Rachel B. Mersky, of Walsh & Monzack, P.A., Wilmington, Del., for plaintiffs.

B. Wilson Redfearn and David E. Wilks, of Tybout, Redfearn & Pell, Wilmington, Del., for defendant.

OPINION

LONGOBARDI, Chief Judge.

This is a civil action based on diversity of citizenship brought by the Plaintiffs Northeast Financial Corporation, Joyce Realty Corporation and Kirkwood Fitness and Racquetball Clubs, Inc. ("Northeast") against Defendant Insurance Company of North America ("INA"). The Plaintiffs seek damages on Defendant's alleged breach of an insurance contract. Following an appraisal procedure that set the amount of damages, Plaintiffs...

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