District Court, E.D. Pennsylvania November 16, 1971, Civ. A. 71-358 (Bird v. Penn Central Company)

OPINION

JOSEPH S. LORD, III, District Judge.

Plaintiffs in this action are certain named underwriters trading under the name of Lloyds of London. They seek rescission of an insurance policy providing coverage for defendants which was issued on July 2, 1968, effective as of July 3, 1968.