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Donaldson, Lufkin Jenrette v. Vigilant Ins. Co.

Appellate Division of the Supreme Court of New York, First Department
Nov 3, 1994
209 A.D.2d 185 (N.Y. App. Div. 1994)

Opinion

November 3, 1994

Appeal from the Supreme Court, New York County (Edward J. Greenfield, J.).


We agree with the IAS Court that plaintiffs have failed to come forth with sufficient proof to warrant a trial on their claim for reformation of the fidelity bonds sued on herein. The party resisting pretrial dismissal of a reformation claim is required to tender a "`high level'" of proof in evidentiary form (Chimart Assocs. v. Paul, 66 N.Y.2d 570, 574). Here, ACLI Metals (London) Limited (AML) was admittedly not a named subsidiary to be covered under these bonds and plaintiffs' self-serving averments that AML was intended to be covered is not the high level of proof necessary to allow a reformation claim to go to trial. Indeed, the submissions before the IAS Court strongly support the conclusion that AML was intentionally omitted. The affirmance of the order and judgment herein is based solely on this ground.

Concur — Murphy, P.J., Rosenberger, Wallach, Kupferman and Asch, JJ.


Summaries of

Donaldson, Lufkin Jenrette v. Vigilant Ins. Co.

Appellate Division of the Supreme Court of New York, First Department
Nov 3, 1994
209 A.D.2d 185 (N.Y. App. Div. 1994)
Case details for

Donaldson, Lufkin Jenrette v. Vigilant Ins. Co.

Case Details

Full title:DONALDSON, LUFKIN JENRETTE, INC., et al., Appellants, v. VIGILANT…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Nov 3, 1994

Citations

209 A.D.2d 185 (N.Y. App. Div. 1994)
618 N.Y.S.2d 278

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