AVNET, INC. v. AM. INT'L LIFE ASSURANCE CO. OF NEW YORK


49 N.Y.2d 963 (1980)

Avnet, Inc., Respondent, v. American International Life Assurance Company of New York, Appellant.

Court of Appeals of the State of New York.

Decided April 24, 1980.


Attorney(s) appearing for the Case

John B. Foley for appellant.

Steven L. Cohen and Sheldon Rudoff for respondent.

T. Richard Kennedy, Edward Thompson, George T. Vogel and Joseph C. Petillo for Life Insurance Council of New York, Incorporated, amicus curiae.

Chief Judge COOKE and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and MEYER concur.


MEMORANDUM.

The order of the Appellate Division should be reversed, with costs, and the case remitted to Supreme Court for entry of summary judgment in favor of defendant declaring the rights of the parties in accordance with this memorandum and otherwise dismissing the complaint and for further proceedings on defendant's counterclaim.

Plaintiff insured asserts that defendant insurer was obligated to pay the increased...

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