Business Organizations & Transactions News

Case Summaries

[02/05] Travelers Indem. Co. v. Dammann & Co., Inc.
In plaintiff-insurer's action seeking a declaration in federal court that it was not obligated to cover any claims asserted against its insured, a raw food producer, by a manufacturer, denial of manufacturer's motion to leave to assert various crossclaims against the insured is affirmed where: 1) the district court did not abuse its discretion in denying the manufacturer's request with respect to the products liability claim as the New Jersey Supreme Court predictably would hold that the product liability crossclaim for what is clearly economic loss sounds in contract is therefore barred by the economic loss doctrine; 2) the district court did not abuse its discretion in denying the manufacturer's request for leave to assert an express indemnification crossclaim; and 3) district court's holding that the manufacturer failed to state an implied indemnification claim for third-party damages is affirmed.

[02/05] Sharabianlou v. Karp
In plaintiff's action seeking rescission of a commercial real estate transaction and tort damages, the portion of the trial court's judgment awarding damages to the original property owners is reversed as the trial court's award goes well beyond the types of damages permitted.

[02/04] Cincinnati Ins. Co. v. Beazer Homes Inv., LLC
In plaintiff-insurance company's declaratory-judgment action to establish that it was not obligated to cover the costs that defendant incurred in repairing water damage to several houses that defendant had built as a general contractor, grant of 's judgment on the pleadings is affirmed where: 1) collateral estoppel is not applicable to the case and plaintiff is free to contest whether the policies cover the costs that defendant incurred; 2) a general contractor cannot claim CGL insurance coverage for the costs it incurs in repairing houses that are subsequently damaged due to the faulty workmanship of its own subcontractors; and 3) the district court's consideration of an alleged fungus exclusion was harmless.

[02/03] Clear Channel Outdoor, Inc. v. City of N.Y.
In a group of billboard owners' First Amendment challenge to provisions of New York City's Zoning Resolution, summary judgment for defendants is affirmed where: 1) the city was not required to adopt the "least restrictive means" of advancing its asserted interests; 2) the city did not violate the protections afforded commercial speech when it distinguished between plaintiffs' signs or billboards and those located on government property; and 3) the New York Constitution did not provide broader protection for commercial speech than the First Amendment.

[12/11] Metro Allied Ins. Agency, Inc. v. Lin
In plaintiff's action against an insurance company for negligence and a violation of the Deceptive Trade Practices Act (DTPA) for failure to procure a commercial general liability (CGL) policy, the judgment of the court of appeals in favor of the plaintiff is reversed and remanded is the causation standard for a claimed failure to procure insurance under a negligence theory and under the DTPA requires proof of the availability of some insurance that would have covered the plaintiff's damages.

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