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TIERRA PROPS. v. A.I. LLOYD'S INS. CO.

206 A.D.2d 288 (1994)

614 N.Y.S.2d 518

Tierra Properties, Appellant, v. A.I. Lloyd's Insurance Company, Respondent

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

July 14, 1994

The IAS Court erred in its interpretation of a term included in the order confirming assignee-creditor CMRCC, Inc.'s Bankruptcy Plan in plaintiff's Texas bankruptcy action. The term "or any other contracts affecting said real property" (emphasis added) does not necessarily include, as a matter of law, the insurance proceeds at issue, since the term is preceded by a number of specific references to personal rather than real...

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