On November 16, 1979, premises located at 292 Grand Street, New York County, were damaged by fire. Thereafter, as a result of that fire, several actions were brought in the Supreme Court, New York County, against City Store Gates Manufacturing Corp. (City Store Gates) and Arilun Installers, Inc. (Arilun) for property damage.
Both City Store Gates and Arilun were insured, under separate policies of insurance, by Investors Insurance Company of America (Investors). Each...
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