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EUROPEAN AM. BANK v. FULTON

139 Misc.2d 747 (1988)

European American Bank, Plaintiff, v. Stuart E. J. Fulton, as an Underwriter at Lloyd's of London, Individually and on Behalf of All Others Similarly Situated Subscribing to Certificate No. NC 8200508, Defendant.

Supreme Court, New York County.

March 8, 1988

Attorney(s) appearing for the Case

Mendes & Mount for defendant. Moses & Singer for plaintiff.

EDWARD J. GREENFIELD, J.

In this declaratory judgment action seeking a ruling as to the scope of coverage under an insurance contract, defendant, underwriters at Lloyd's (hereafter Lloyds), move for summary judgment dismissing the complaint. Plaintiff cross-moves for summary judgment in its favor.

Plaintiff bank procured a broad form safe depository certificate of insurance from the defendant underwriters...

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