*1 Case 2:05-cv-02164-SRD-ALC Document 37 Filed 11/02/06 Page 1 of 1
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF LOUISIANA ST. PAUL FIRE & MARINE INS. CO. CIVIL ACTION VERSUS NO: 05-2164 BEAL BANK, S.S.B. SECTION: "K"(5)
ORDER AND REASONS For the reasons assigned in open Court during Oral Argument held on November 1, 2006, the Court finds that St. Paul’s June 2, 2004, facisimile notification of cancellation of the insurance policy was not effective to cancel coverage, and that Beal Bank as mortgagee is not affected by the “change in management” warranty in the insurance contract. Accordingly,
IT IS ORDERED that Plaintiff’s Motion for Summary Judgment (Rec.Doc.No. 21) is hereby DENIED . 2nd
New Orleans, Louisiana, on this _____ day of November, 2006.
STANWOOD R. DUVAL, JR. UNITED STATES DISTRICT COURT JUDGE