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COLSON SERVICES CORP. v. INS. CO. OF NORTH AMERICA

No. 92 Civ. 5814 (MGC).

874 F.Supp. 65 (1994)

COLSON SERVICES CORP., Plaintiff, v. INSURANCE COMPANY OF NORTH AMERICA, Defendant.

United States District Court, S.D. New York.

December 5, 1994.

Attorney(s) appearing for the Case

Hart & Hume by Cecil Holland, Jr., New York City, for plaintiff.

Winston & Strawn by Edward N. Meyer, Steven B. Rissman, Anthony J. D'Auria, New York City, for defendant.

MEMORANDUM OPINION AND ORDER

CEDARBAUM, District Judge.

This diversity action arises from a dispute over a commercial crime insurance policy ("Policy") issued by defendant Insurance Company of North America ("INA"), a Pennsylvania corporation, on behalf of plaintiff Colson Services Corporation ("Colson"), a New York corporation. Colson seeks to recover $4,327,771.87 under the Policy for a loss of money and securities which it alleges was caused by...

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