American Guar. & Liab. Ins. Co. v Lerner
2009 NY Slip Op 00252 [58 AD3d 523]
January 20, 2009
Appellate Division, First Department
Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431.
As corrected through Wednesday, March 11, 2009


American Guarantee & Liability Insurance Company, Respondent,
v
Perry A. Lerner et al., Appellants.

[*1] Latham & Watkins LLP, New York (Blair Connelly of counsel), for appellants.

Steinberg & Cavaliere, LLP, White Plains (Ronald W. Weiner of counsel), for respondent.

Order, Supreme Court, New York County (Shirley Werner Kornreich, J.), entered September 10, 2007, which granted plaintiff's motion for summary judgment, unanimously affirmed, without costs.

Summary judgment was properly granted to plaintiff after it demonstrated that the allegations of the underlying complaint fell within an exclusion. The policy clearly and unambiguously provides that it "shall not apply to any Claim based upon or arising out of, in whole or in part . . . the Insured's capacity or status as . . . [a] director." The claims in the underlying lawsuit arise, in part, out of the individual defendant's status as a director of the plaintiff in the underlying action. Concur—Mazzarelli, J.P., Friedman, Buckley, Acosta and Freedman, JJ.