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SAM ASH MUSIC CORP. v. LIBERTY MUT. FIRE INS. CO.

200 A.D.2d 372 (1994)

606 N.Y.S.2d 197

Sam Ash Music Corp., Respondent, v. Liberty Mutual Fire Insurance Co., Appellant

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

January 6, 1994

Plaintiff, a family-owned company listed as an insured on the policy which also listed the subtenant affiliated corporation, and which operated the store under common management as well as paid its employees and undertook maintenance and repair, had an insurable interest in the leasehold as it suffered pecuniary loss and damage from the destruction of its improvements and betterments in a fire (see, Scarola v Insurance...

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