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AMERICAN INSURANCE COMPANY v. SYNVAR CORPORATION

239 A.2d 624 (1968)

The AMERICAN INSURANCE COMPANY, a corporation of the State of New Jersey, Defendant Below, Appellant, v. SYNVAR CORPORATION, Delaware Chemicals, Inc., Sales Research and Development Corporation, Atlantic Transport, Inc., Deemers Beach, Inc., all corporations of the State of Delaware, Samuel C. Cohen, and Anita Cohen, Plaintiffs Below, Appellees.

Supreme Court of Delaware.

February 6, 1968.

Attorney(s) appearing for the Case

Roger Sanders, of Prickett, Ward, Burt & Sanders, Wilmington, for appellant.

Howard M. Handelman, of Bayard, Brill & Handelman, Wilmington, for appellees.

WOLCOTT, Chief Justice, CAREY, Justice, and MARVEL, Vice Chancellor, sitting.

WOLCOTT, Chief Justice.

This is an appeal from a declaratory judgment holding the American Insurance Company, a New Jersey corporation, liable to Synvar Corporation, a Delaware corporation, upon a comprehensive liability insurance policy for the payment of certain claims asserted by adjacent property owners against Synvar as a result of several explosions in Synvar's plaint.

Synvar is in the business of processing phenolic resin which it receives in limp form...

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