MEMORANDUM OPINION
TURK, District Judge.
I
Continental Casualty Company (Continental) filed the present action against the Town of Blacksburg (Blacksburg) as subrogee of Virginia Polytechnic Institute and State University (VPI) seeking recovery for property damage losses paid and to be paid to its insured, VPI, as a result of a storm event and subsequent flooding. Continental is an Illinois corporation with its principal place of business...
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