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J & R Electronics Inc. v. One Beacon Insurance

Appellate Division of the Supreme Court of New York, First Department
Dec 5, 2006
35 A.D.3d 169 (N.Y. App. Div. 2006)

Opinion

No. 9723.

December 5, 2006.

Order, Supreme Court, New York County (Karla Moskowitz, J.), entered December 19, 2005, which granted defendant's motion for summary judgment dismissing the complaint, unanimously affirmed, with costs.

Weg and Myers, P.C., New York (Joshua L. Mallin of counsel), for appellant.

Speyer Perlberg, LLP, Melville (Jacqueline Rappel of counsel), for respondent

Before: Mazzarelli, J.P., Friedman, Sullivan, Williams and Gonzalez, JJ.


When calculating plaintiff's actual loss of business income as provided under the business interruption clause of the insurance policy, defendant properly deducted a payment already made to plaintiff for its damaged merchandise at the selling price. Plaintiff would otherwise have received a double recovery for these goods. Plaintiff's argument that the payment for the merchandise should not have been deducted at selling price because it was not received in the ordinary course of business, and that the lack of normal cash flow resulted in the loss of business opportunities, is essentially a request for consequential damages, which were not recoverable under the policy ( see Brody Truck Rental v Country Wide Ins. Co., 277 AD2d 125, lv dismissed 96 NY2d 854).

We have considered plaintiff's remaining contentions, including its request for additional discovery, and find them unavailing.

[ See 12 Misc 3d 1184(A), 2005 NY Slip Op 52307(U) (2005).]


Summaries of

J & R Electronics Inc. v. One Beacon Insurance

Appellate Division of the Supreme Court of New York, First Department
Dec 5, 2006
35 A.D.3d 169 (N.Y. App. Div. 2006)
Case details for

J & R Electronics Inc. v. One Beacon Insurance

Case Details

Full title:J R ELECTRONICS INC., Appellant, v. ONE BEACON INSURANCE Co., Formerly…

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

Date published: Dec 5, 2006

Citations

35 A.D.3d 169 (N.Y. App. Div. 2006)
2006 N.Y. Slip Op. 9047
825 N.Y.S.2d 462

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