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CHICAGO TITLE & T. CO. v. UNITED STATES FIDELITY & G. CO.

No. 73-1941.

511 F.2d 241 (1975)

CHICAGO TITLE & TRUST CO., as Trustee under Trust No. 49944, Plaintiff-Appellant, v. UNITED STATES FIDELITY & GUARANTY CO., Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided February 19, 1975.

Attorney(s) appearing for the Case

Marvin Glassman, Chicago, Ill., for plaintiff-appellant.

Paul J. Wisner, Chicago, Ill., for defendant-appellee.

Before MARIS and HASTINGS, Senior Circuit Judges, and TONE, Circuit Judge.

TONE, Circuit Judge.

The issue in this diversity case is whether the insured may recover under an Illinois fire insurance contract for the loss of a building that had little or no economic value at the time of the loss. To decide this issue we must return to the area of the law visited last year in Garcy v. Home Ins. Co., 496 F.2d 479 (7th Cir. 1974). The plaintiff insured appeals from an order entering summary judgment for the defendant...

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