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FAIR GROUNDS CORP. v. TRAVELERS INDEM.

No. 99-CA-301.

742 So.2d 1069 (1999)

FAIR GROUNDS CORP. v. TRAVELERS INDEMNITY COMPANY OF ILLINOIS.

Court of Appeal of Louisiana, Fifth Circuit.

Rehearing Denied October 18, 1999.

Attorney(s) appearing for the Case

P.J. Stakelum, III, T. Peter Breslin, Metairie, LA, for Plaintiff, Appellant-Appellee.

Joseph L. McReynolds, Robert E. Kerrigan, Jr., New Orleans, La, William W. Hall, Metairie, LA, for Defendant, Appellant-appellee.

Panel composed of Judges EDWARD A. DUFRESNE, Jr., SOL GOTHARD and THOMAS F. DALEY.

DUFRESNE, Judge.

This case involves interpretation of an insurance policy covering the loss of the New Orleans Fair Grounds grandstand and adjoining buildings by fire on December 17, 1993. Because we agree with the trial judge that the policy was for scheduled, rather than blanket, coverage, we affirm that portion of the judgment limiting coverage as per the schedule of values on file with the insurer. However, because we find that liability for loss of business income...

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