HELICOPTER ASSOCS., LTD. v. DECAIR HELICOPTERS, INC.


64 A.D.2d 588 (1978)

Helicopter Associates, Ltd., Appellant, v. Decair Helicopters, Inc., Defendant, and Roy Budd, Respondent Pan American World Airways, Inc., Defendant and Third-Party Plaintiff, v. Island Helicopters, Inc., Third-Party Defendant

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

July 20, 1978


The foregoing modification implements the stipulation between plaintiff and Pan American World Airways, Inc., and clarifies the order and judgment accordingly. We agree with Justice Asch that the lease between plaintiff and Decair Helicopters, Inc., when read in light of the language of the only hull insurance policy in the record, exonerates Budd from liability as one within the definition of "Insured". It is of no significance...

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