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AM. HOME ASSURANCE CO. v. MORRIS INDUS. BUILDERS, INC.

176 A.D.2d 541 (1991)

American Home Assurance Company, as Subrogee of Collectors' Guild International, Inc., Appellant, v. Morris Industrial Builders, Inc., Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

October 10, 1991

In 1983, Collectors' Guild International, Inc. (CGI) contracted with Morris Industrial Builders, Inc. (Morris), as general contractor, to construct a commercial building (premises), located at 1625 Bathgate Avenue, Bronx, New York. Thereafter, on or about April 7, 1986, a large quantity of water leaked through the roof of those premises, and caused substantial damage to an inventory of lithographic art work, owned and used by CGI in its mail order business. CGI was paid for...

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