Court Opinion

ID: 3688248
Source: CourtListenerOpinion
Date Created: 2016-07-06 06:31:45.794308+00
Date Added: 2024-06-11T14:20:43.543832
License: Public Domain

DECISION
{¶ 1} Defendant-appellant Universal Contracting Corporation ("Universal") appeals from the trial court's entry of summary judgment in favor of plaintiff-appellee The Cincinnati Insurance Company ("CIC") on its petition for declaratory judgment. CIC had sought a declaration of its rights and obligations under a Directors and Officers Liability Policy issued to Preserving Affordable Housing, Inc. ("PAH"), for alleged misrepresentations made by Margo Aug, a PAH officer, to Universal, the general contractor for renovations to PAH's housing properties. In 2000, following arbitration on a breach-of-contract claim, Universal and its subcontractors had been awarded over $4 million in damages against PAH. On December 16, 2003, the trial court declared the rights of the parties and held that CIC was entitled to summary judgment, as it had not been timely put on notice of Universal's claims against PAH and Aug, and as the policy excluded coverage for contract claims against PAH.
 {¶ 2} In Universal Contracting v. Aug (Dec. 30, 2004), 1st Dist. No. C-030719,1 this court held that Universal could not proceed against Aug for negligent misrepresentation where the parties had specifically contracted to protect against potential economic liability resulting from false information about PAH's economic health. In light of this decision, and because there are no genuine issues of material fact remaining in this case as to whether Universal may proceed against Aug for tort damages, the assignment of error is overruled and the judgment of the trial court is affirmed. See Civ.R. 56(C).
Judgment affirmed.
Winkler, P.J., Hildebrandt and Gorman, JJ.
1 Universal Contracting was consolidated with the present appeal for purposes of argument only on May 7, 2004.