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IN RE PRIME COMMERCIAL CORP.

Bankruptcy No. 93-65598. Adv. No. 94-6007.

187 B.R. 785 (1995)

In re PRIME COMMERCIAL CORPORATION, Debtor. Richard D. ELLENBERG, Trustee for Prime Commercial Corporation, Plaintiff, v. THOSE CERTAIN UNDERWRITERS AT LLOYD'S SUBSCRIBING TO POLICY NO. ZKQ9200037/P1147-1-92, Defendants.

United States Bankruptcy Court, N.D. Georgia, Atlanta Division.

September 1, 1995.

Attorney(s) appearing for the Case

Richard D. Ellenberg, Atlanta, Georgia, for plaintiff.

J. Robert Persons and M. Joseph Sterner of Lord, Bissell & Brook, Atlanta, Georgia, for defendants.

ORDER GRANTING DEFENDANTS' MOTION FOR SUMMARY JUDGMENT AND DENYING PLAINTIFF'S CROSS MOTION FOR SUMMARY JUDGMENT

JAMES E. MASSEY, Bankruptcy Judge.

Prime Commercial Corporation is an additional named assured under policy no. ZKQ9200037/P1147-1-92 (the "Policy") issued by certain underwriters at Lloyd's of London (the "Underwriters"). The Policy covers losses arising from employee theft. In the first half of 1992, Prime made a series of...

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