New York Court of Appeals Roundup: Court Issues Two Insurance Decisions
In their monthly column in the New York Law Journal, Roy Reardon and Mary Elizabeth McGarry discuss two significant insurance decisions that the Court of Appeals' handed down last month. One interpreted a "follow-the-form" clause in an excess insurance policy. The other involved an "other insurance" clause. In addition, they discuss a decision concerning whether options to renew leases violate the rule against perpetuities.