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PANAGORA ASSET MANAGEMENT v. ST. PAUL MERCURY

Civil Action No. 09-11094-WGY.

674 F.Supp.2d 315 (2009)

PANAGORA ASSET MANAGEMENT, INC., Plaintiff, v. ST. PAUL MERCURY INSURANCE, Defendant.

United States District Court, D. Massachusetts.

December 14, 2009.

Attorney(s) appearing for the Case

John C. Blessington, David M. Glynn, K & L Gates LLP, Boston, MA, for Plaintiff.

Mary P. Cormier, John D. Hughes, Edwards & Angell, LLP, Boston, MA, for Defendant.

MEMORANDUM AND ORDER

YOUNG, District Judge.

I. INTRODUCTION

PanAgora Asset Management, Inc. ("PanAgora")moves for Partial Summary Judgment on Count I of its Complaint, seeking a Declaration that the retention (i.e. deductible) applicable to its claim on an insurance policy with the Defendant, St. Paul Mercury Insurance ("Travelers"), is in the sum of $500,000. PanAgora does not seek Summary Judgment on Counts II, III or IV of its claim....

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