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AM. RECORD PRESSING CO. v. U. S. FIDELITY & GUARANTY

No. 74 Civ. 2876.

466 F.Supp. 1373 (1979)

AMERICAN RECORD PRESSING COMPANY, Plaintiff, v. UNITED STATES FIDELITY & GUARANTY COMPANY, Defendant.

United States District Court, S. D. New York.

March 21, 1979.

Attorney(s) appearing for the Case

Gwertzman & Pfeffer, New York City, for plaintiff; Max J. Gwertzman, Irwin Asofsky, New York City, of counsel.

Hogan, Jones & Parisi, New York City, for defendant; Brian S. Jones, New York City, of counsel.

OPINION

GAGLIARDI, District Judge.

American Record Pressing Co. ("ARP"), a Michigan corporation formerly engaged in the manufacture of records and tapes and a wholly owned subsidiary of Viewlex Corp., commenced this action to recover $1,000,000 under a third party comprehensive liability insurance policy ("CEP policy") as a result of losses sustained in a fire at its factory in Owosso, Michigan on October 28, 1972. The CEP policy was issued by the defendant...

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