Whitney National Bank of New Orleans v. State Farm Fire and Casualty Co.

518 F. Supp. 359 (1981)

From our private database of 46,100+ case briefs, written and edited by humans—never with AI.

Whitney National Bank of New Orleans v. State Farm Fire and Casualty Co.

United States District Court for the Eastern District of Louisiana
518 F. Supp. 359 (1981)

  • Written by Sheryl McGrath, JD

Facts

State Farm Fire and Casualty Co. (State Farm) (defendant) provided an insurance contract to a business called Foreign Car Parts, Inc. (the business). The insurance contract covered the business’s buildings and also covered the business’s inventory and other moveable property (i.e., chattel). Included in the business contract was a standard mortgage clause applicable to the business buildings only. Whitney National Bank of New Orleans (Whitney) (plaintiff) held a $1,000,000 mortgage on the business’s chattel. While the insurance contract was in effect, the business president engaged in arson that caused damage to the business property. The value of the damaged chattel was about $230,000. Whitney submitted an insurance claim to State Farm. The insurance contract excluded coverage for damage caused by the insured’s arson. State Farm denied the claim according to the arson exclusion. Whitney sued State Farm for the proceeds of the insurance coverage for the business chattel.

Rule of Law

Issue

Holding and Reasoning (Schwartz, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 744,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 744,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,100 briefs, keyed to 987 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 744,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,100 briefs - keyed to 987 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership