[Download] "National Union Fire Insurance Co. v. Care Flight Air Ambulance Service Inc." by United States Court of Appeals for the Fifth Circuit # eBook PDF Kindle ePub Free
eBook details
- Title: National Union Fire Insurance Co. v. Care Flight Air Ambulance Service Inc.
- Author : United States Court of Appeals for the Fifth Circuit
- Release Date : January 12, 1994
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 79 KB
Description
ROSENTHAL, District Judge: On March 3, 1989, General Electric Capital Corporation, (""GECC""), leased a Piper Cheyenne 400LS aircraft to Care Flight Air Ambulance Service, Inc. (""Care Flight""). The lease prohibited Care Flight from subleasing the aircraft without GECC's consent, and required Care Flight to insure the plane. On March 5, 1989, Care Flight obtained an insurance policy from National Union Fire Insurance Co. of Pittsburgh, PA. (""National Union""). The policy contained a war risk endorsement and a breach of warranty endorsement. The breach of warranty endorsement named GECC as a beneficiary along with the named insured, Care Flight. The breach of warranty endorsement contained a clause excluding coverage for loss due to conversion by or at the direction of the named insured. GECC's interest in the plane was insured by AVEMCO.