(Download) "Young v. Seven Bar Flying Service Inc." by New Mexico Supreme Court # eBook PDF Kindle ePub Free
eBook details
- Title: Young v. Seven Bar Flying Service Inc.
- Author : New Mexico Supreme Court
- Release Date : January 05, 1984
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
Appellant Jacob Young (Young) owned a Cessna 206 aircraft which he purchased from, and leased back to, Seven Bar Flying Service (Seven Bar). Seven Bar included the Cessna on its master insurance policy which it purchased from National Union Fire Insurance Company (National Union). Young Separately insured the Cessna, as required in the lease agreement, with Puritan Insurance Company (Puritan). On April 2, 1980, while leased to Seven Bar, the aircraft was stolen from its Seven Bar hangar and never recovered. Young received $71,900 from Puritan. He brought this suit on April 13, 1982, against Seven Bar for breach of the lease agreement and negligent failure to provide security for his aircraft; and against National Union, claiming wrongful refusal to pay his claim for theft of the aircraft. The Bernalillo County District Court granted National Unions motion for summary judgment and also granted Seven Bars motion for partial summary judgment. Young appeals from both of these orders. We affirm.