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092460P.pdf   08/12/2010  Beckon Inc.  v.  Amco Insurance Company
   U.S. Court of Appeals Case No:  09-2460
   U.S. District Court for the Eastern District of Missouri - St. Louis   
   [PUBLISHED] [Bye, Author, with Arnold and Colloton, Circuit Judges]
   Civil Case - diversity; insurance. District court's judgment to insurance
   company based on lack of tenant's insurable interest in the property is
   reversed, as lack of insurance interest in one of several classes of property
   insured under a single policy is not grounds for voiding entire policy.
   District court erred in concluding Beckon did not have an insurable
   interest in the building, as building had a pecuniary value to Beckon, and
   he suffered loss to improvements he made. We decline to rely on state
   court decision that is inconsistent with current state law. Any matter of
   misrepresentation should be address on remand.