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  5. 14 F.Supp.2d 302 (1998)
 

FIRST FINANCIAL INS. v. ALLSTATE INTER. DEMOLITION

No. 96 Civ. 8243 (RLC).

14 F.Supp.2d 302 (1998)

FIRST FINANCIAL INSURANCE CO., Plaintiff, v. ALLSTATE INTERIOR DEMOLITION CORP., The Plaza Hotel, Plaza Operating Partners Ltd., Fairmont Hotel Mangmnt., L.P., New Plaza Assoc., L.L.C., and HRH Construction Interiors Inc., Defendants.

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

April 1, 1998.

Attorney(s) appearing for the Case

Law Offices of John Lane, Glen Rock, NJ, for First Financial Ins. Co.; John C. Lane, of counsel.

Ponzini, Spencer & Geis, L.L.P., Tarry-town, NY, for Allstate Interior Demolition Corp.; Marianne Stecich, of counsel.

Jones, Hirsch, Conners & Bull, New York, NY, for HRH Construction Interiors Inc.; Steven H. Kaplan, of counsel.

OPINION

ROBERT L. CARTER, District Judge.

This action for a declaratory judgment is brought by an insurer for rescission of a commercial insurance contract. The insurer seeks to rescind the contract on grounds that the insured made material misrepresentations in its application for insurance.

In response to the insurer's claims, the insured and a codefendant filed counterclaims. In addition, crossclaims were filed against the insured by a...

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