MEMORANDUM AND ORDER
SEYBERT, District Judge.
Pending before the Court are cross motions for summary judgment brought by both the Plaintiff, M. Fortunoff of Westbury Corp. ("Fortunoff or "Plaintiff), and the Defendant, Peerless Insurance Co. ("Peerless" or "Defendant"). Plaintiff commenced suit against the Defendant on June 1, 2001, by filing a Complaint alleging Breach of Contract.
BACKGROUND
On December 17, 2001, the parties...
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