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AMBASSADOR ASSOCS v. CORCORAN

143 Misc.2d 706 (1989)

Ambassador Associates, a Limited Partnership, et al., Plaintiffs, v. James P. Corcoran, as Superintendent of Insurance and Liquidator/Conservator of the Assets of Mission Insurance Company, et al., Defendants.

Supreme Court, New York County.

April 27, 1989

Attorney(s) appearing for the Case

Weg & Myers (Frank A. Weg of counsel), for plaintiffs. Myerson & Kuhn (Daniel J. Cooper, Clifford R. Saffron and Janet Y. Larose of counsel), for Home Insurance Company, defendant.

DAVID B. SAXE, J.

The plaintiffs own certain premises in which a fire occurred on February 25, 1985. In another action, tenants in that building seek a judgment for $24,000,000, alleging that the landlord's negligence was a proximate cause of the fire and the attendant damages. In this action, the owners of the premises seek a declaratory judgment resolving a dispute as to the payment obligations of an excess...

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