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PROLERIZED SCHIABO NEU CO. v. HARTFORD ACC. AND INDEM. CO.

Civil Action No. 94-4857.

990 F.Supp. 356 (1997)

PROLERIZED SCHIABO NEU COMPANY, Plaintiff, v. HARTFORD ACCIDENT AND INDEMNITY COMPANY and Certain Underwriters at Lloyd's London Market and London Insurance Companies, Defendants.

United States District Court, D. New Jersey.

December 31, 1997.

Attorney(s) appearing for the Case

Jeffrey B. Gracer, Andrea L. Wolff, Lowenstein, Sandler, Kohl, Fisher & Boylan, Roseland, NJ, for Plaintiff, Prolerized Schiabo Neu Co.

Michael F. O'Neill, Barbara C. Zimmerman, Donna Stephan-Nolan, Purcell, Ries, Shannon, Mulcahy & O'Neill, Bedminster, NJ, for Defendant, Hartford Acc. and Indem. Co.

Leonore C. Lewis, Tompkins, McGuire & Wachenfeld, Newark, NJ, Glenn M. Fjermedal, D'Amato & Lynch, New York City, for Defendants, Certain Underwriters at Lloyd's London Market and London Ins. Companies.

OPINION

ORLOFSKY, District Judge.

In this insurance coverage dispute involving two adjoining pieces of land, Plaintiff, Prolerized Schiabo Neu Company, claims that it should be indemnified under insurance contracts with its primary insurance carrier, Defendant, Hartford Accident & Indemnity Company, for, among other things, money that Plaintiff spent to purchase a piece of property. Such a demand is not,...

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