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CIGNA INS. CO. v. DIDIMOI PROP. HOLDINGS, N.V.

Nos. Civ.A. 00-186-JJF, 99-605-JJF.

110 F.Supp.2d 259 (2000)

CIGNA INSURANCE COMPANY, Plaintiff, v. DIDIMOI PROPERTY HOLDINGS, N.V. and General Electric Capital Corporation, Defendants. Didimoi Property Holdings, N.V. and General Electric Capital Corporation, Plaintiffs, v. Cigna Insurance Company, Defendant.

United States District Court, D. Delaware.

March 17, 2000.

Attorney(s) appearing for the Case

Charles M. Oberly, III, Kathleen J. Jennings, Oberly & Jennings P.A., Wilmington, Delaware, of counsel Henry R. Daar, Peter E. Kanaris, Daar, Fisher, Kanaris & Vanek, P.C., Chicago, Illinois, for CIGNA Insurance Company.

Jeffrey M. Weiner, Law Offices of Jeffrey W. Weiner, Wilmington, Delaware, of counsel Joseph P. Dougher, Joseph J. McGovern, Louis B. Kupperman, Obermayer Rebmann Maxwell & Hippel LLP, Philadelphia, Pennsylvania, for Didimoi Property Holdings, N.V.

R. Franklin Balotti, Frederick L. Cottrell, III, Richards, Layton & Finger, P.A., Wilmington, Delaware, of counsel Jerold S. Solovy, Donald R. Harris, Michael T. Brody, Jennifer & Block, Chicago, Illinois, for General Electric Capital Corporation.

OPINION

FARNAN, District Judge.

Presently before the Court are two sets of Cross-Motions For Declaratory Judgment filed by the parties, Didimoi Property Holdings, N.V. ("Didimoi") and General Electric Capital Corporation ("GECC") and CIGNA Insurance Company ("CIGNA"). In the first set of Cross-Motions For Declaratory Judgment, the parties request the Court to determine the scope of the "appraisal" provision in Insurance Policy No. FSU D33679449 (the "Policy...

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