MEMORANDUM
MORTON, Senior District Judge.
This action arises out of an alleged breach of an insurance contract. After a fire which destroyed some of the plaintiffs' heavy equipment, the plaintiffs sought compensation for the property loss from the defendant insurers. The defendants denied the claim, however, on the ground that the fire was intentionally set and on the ground that the plaintiffs had fraudulently overvalued their property. The plaintiffs then...
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