SLOTKIN v. CITIZENS CAS. CO. OF NEW YORK

No. 353, Docket 78-7167.

614 F.2d 301 (1979)

Steven John SLOTKIN, an infant by his mother and natural guardian, Charlotte Slotkin, and Charlotte Slotkin, as Executrix of the Estate of Bert Slotkin, deceased, Appellants, v. CITIZENS CASUALTY CO. OF NEW YORK, Allstate Insurance Co., American Motorists Insurance Co., American Mutual Insurance Co. of Boston, Employers Mutual Liability Insurance Co. of Wisconsin, Guaranty Reinsurance Co., Urbaine Fire Insurance Co., Grange League Insurance Co., National Casualty Co., Hardware Mutual Casualty Co., Arkwright-Boston Manufacturers Mutual Insurance Co., Paul Ratner, George Berkowitz, Christopher McGrath, Jr., and John McGrath, Appellees.

United States Court of Appeals, Second Circuit.

Decided August 29, 1979.

On Rehearing November 27, 1979.

Rehearing and Rehearing Denied January 31, 1980.


Attorney(s) appearing for the Case

Theodore H. Friedman, Arum, Friedman & Katz, New York City (Fred R. Profeta, Jr., Max Toberoff, New York City, of counsel), for appellants.

Seymour Lefkowitz, Tell, Cheser, Breitbar & Lefkowitz, New York City (Solomon M. Cheser, New York City, of counsel), for appellee Berkowitz.

Joseph A. Bergadano, Hart & Hume, New York City (Leslie F. Ruff, New York City, of counsel), for appellees McGrath.

David W. Silverman, Granik, Silverman, Sandberg & Nowicki, New York City, N.Y., for appellee Citizens Cas. Co. of New York.

Howard R. Cohen, Bower & Gardner, New York City, for appellee Guaranty Reinsurance Co.

Kenneth Sagat, D'Amato & Lynch, New York City (John P. Higgins, New York City, of counsel), for appellees Allstate Ins. Co., Urbaine Fire Ins. Co., Arkwright-Boston Manufacturers Mut. Ins. Co., Hardware Mut. Cas. Co., and National Cas. Co.

Daniel H. Mahoney, New York City (Kathryn D. Nealon, New York City, of counsel), for appellee American Mut. Ins. Co. of Boston.

Stuart A. Schlesinger, David Jaroslawicz, Julien, Schlesinger & Finz, P.C., New York City, for appellee Ratner.

Before OAKES, GURFEIN and VAN GRAAFEILAND, Circuit Judges.


Rehearing and Rehearing En Banc Denied January 31, 1980.

OAKES, Circuit Judge:

Any personal injuries lawyer knows that the amount of a defendant's assets or insurance coverage is generally a factor to be weighed in evaluating a case for settlement. The instant diversity action is one for fraud, or its legal equivalent; but it arises from a state court malpractice case that the plaintiffs, a brain-damaged child and...

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