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FSC PAPER CORP. v. SUN INS. CO.

No. 83-2652.

744 F.2d 1279 (1984)

FSC PAPER CORPORATION, a Delaware corporation, Plaintiff-Appellant, v. SUN INSURANCE COMPANY OF NEW YORK, a New York corporation, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided September 25, 1984.

As Amended on Denial of Rehearing and Rehearing December 5, 1984.

Attorney(s) appearing for the Case

Robert A. Downing, Sidley & Austin, Chicago, Ill., for plaintiff-appellant.

Holland C. Capper, Chicago, Ill., for defendant-appellee.

Before WOOD, CUDAHY and COFFEY, Circuit Judges.

As Amended on Denial of Rehearing and Rehearing En Banc December 5, 1984.

CUDAHY, Circuit Judge.

This diversity case requires us to construe an insurance contract under Illinois law. FSC Paper Corporation ("FSC") sustained an insured fire loss of 12,827 tons of waste newspaper known as "Special Pack." Sun Insurance Company of New York ("Sun Insurance") admitted that it insured against the loss and that it was liable to FSC for the "replacement cost [of the...

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