STAR RING MFG. CO., INC. v. FIREMAN'S FUND AM. INS. COS.


49 A.D.2d 1007 (1975)

Star Ring Manufacturing Co., Inc., Appellant-Respondent, v. Fireman's Fund American Insurance Companies, Respondent-Appellant

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

October 24, 1975


Order unanimously affirmed, without costs.

Memorandum:

In 1970 plaintiff delivered scrap gold to a refinery to be melted down and returned as fine gold. After the delivery, the refinery was reorganized under chapter XI of the Bankruptcy Act and in January, 1971 the receiver commingled plaintiff's gold with that of others and sold the entire lot. Plaintiff sought to recover its loss through an insurance policy written...

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