Budd Looms, Inc. v. American Casualty Co.
New York Court of Appeals
Budd Looms, Inc. v. American Casualty Co., 37 N.Y.2d 738 (N.Y. 1975)
337 N.E.2d 132; 374 N.Y.S.2d 620; 1975 N.Y. LEXIS 2105
Budd Looms, Inc. v. American Casualty Co.
Opinion of the Court
Memorandum. Although this is an "all risk” policy there was a specific exclusion relating to damages caused by, or resulting from surface water. Nevertheless, on this record, the
Chief Judge Breitel and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Cooke concur.
Order affirmed, with costs, in a memorandum.
Reference
- Full Case Name
- Budd Looms, Inc. v. American Casualty Company of Reading, Pa., (And Third- and Fourth-Party Actions.)
- Cited By
- 9 cases
- Status
- Published