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MORGAN GUAR. TRUST CO. OF NEW YORK v. AETNA CAS. & SUR. CO.

199 A.D.2d 72 (1993)

604 N.Y.S.2d 952

Morgan Guaranty Trust Company of New York, Appellant, v. Aetna Casualty and Surety Company et al., Respondents

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

December 9, 1993

Plaintiff insured seeks to recover against defendant insurers for damage to the electrical bus duct that runs through its office tower. Although flooding to the bus duct occurred in October 1988, resulting in disruptions in electrical service soon afterwards, plaintiff claims that it was not until September 1989 that it discovered extensive, microbiologically induced corrosion to the aluminum bars contained in the duct. The parties...

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