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LIBERTY MUT. INS. CO. v. TRIANGLE INDUSTRIES, INC.

Civ. A. No. 88-0041-W(K).

765 F.Supp. 881 (1991)

LIBERTY MUTUAL INSURANCE COMPANY, Plaintiff, v. TRIANGLE INDUSTRIES, INC. (now Trian Holdings, Inc.) and Triangle PWC, Inc., Defendants and Third-Party Plaintiffs, v. WAUSAU INSURANCE COMPANIES and Employers Insurance of Wausau, New Jersey Property-Liability Guaranty Association, on Behalf of Ideal Mutual Insurance Company, in liquidation, and Zurich-American Insurance Company, severally and in the alternative, Third-Party Defendants.

United States District Court, N.D. West Virginia.

March 12, 1991.

Attorney(s) appearing for the Case

James P. Whitters, III, Martha J. Koster, Lee H. Glickenhaus, Gaston & Snow, Boston, Mass., and James F. Companion, Patrick S. Casey, Schrader, Byrd, Byrum & Companion, Wheeling, W.Va., for plaintiff.

Walter E. Monaghan, Summit, N.J., pro hac vice, and John Skaggs, Charleston, W.Va., for New Jersey Property-Liability Guar. Ass'n.

J. Greg Goodykoontz, Steptoe & Johnson, Clarksburg, W.Va., for defendants.

Paul L. Gingras, Zelle & Larson, Minneapolis, Minn. and Patrick S. Cassidy, O'Brien, Cassidy & Gallagher, Wheeling, W.Va., and Anthony R. Zelle, Wm. Gerald McElroy, Jr., Zelle & Larson, Waltham, Mass., for Wausau Ins. and Employers Ins. of Wausau.

William A. Trainer, J. Michael Weber, Parkersburg, W.Va., and Robert J. Bates, Jr., Phelan, Pope & John, Ltd., Chicago, Ill., for Zurich Ins.

Stephen M. Orlofsky, Carlo Scarmella, Blank, Rome, Comisky & McCauley, Cherry Hill, N.J., for Trian (formerly Triangle Ind.) and Triangle PWC, Inc.

MEMORANDUM OPINION AND ORDER

KIDD, District Judge.

Currently pending are the parties' crossmotions for summary judgment in this declaratory action, invoking the Court's diversity jurisdiction. Said motions, having been fully briefed, are ripe for disposition.

The defendants, Trian Holdings, Inc. (formerly Triangle Industries, Inc.), and Triangle PWC, Inc. ("Triangle"), seek a declaration that the plaintiff, Liberty Mutual Insurance Company ("Liberty...

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