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B A PROPERTIES, INC. v. AETNA CAS. & SUR. CO.

No. CIV.1997-006.

221 F.Supp.2d 592 (2002)

B A PROPERTIES, INC., Plaintiff, v. AETNA CASUALTY & SURETY CO., United States Fire Insurance Co., and Zurich Insurance Company, Defendants.

District Court, Virgin Islands, D. St. Thomas.

April 24, 2002.

Attorney(s) appearing for the Case

Richard R. Knoepfel, St. Thomas, VI, for the plaintiff.

R. Eric Moore, St. Thomas, VI, for the defendants.

MEMORANDUM

MOORE, District Judge.

I. FACTUAL BACKGROUND

B A Properties, Inc. ["plaintiff" or "the insured"] is a Delaware corporation with its principal place of business in California. It is a subsidiary of Bank of America Corporation and an affiliate of Bank of America National Trust & Savings Association. (Compl.¶ 3.) Bank of America Corporation and Bank of America National Trust...

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