EASTMAN KODAK COMPANY v. PROMETHEUS FUNDING CORPORATION


283 A.D.2d 216 (2001)

724 N.Y.S.2d 736

EASTMAN KODAK COMPANY, Appellant, v. PROMETHEUS FUNDING CORPORATION, Respondent.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided May 10, 2001.


Defendant is sued as the successor in interest to Frank B. Hall & Co., an insurance broker through which plaintiff purchased numerous excess and/or umbrella liability policies. Plaintiff alleges that Frank B. Hall mishandled claims made by it under the subject policies and that coverage was consequently denied, leaving plaintiff exposed to substantial liability. We agree with Supreme Court that plaintiff's action is time-barred.

Contrary to plaintiff's contention...

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