OAKES, Circuit Judge:
Vainqueur Corporation, the shipowner, appeals from the dismissal of its cause of action on three Time Hull policies of marine insurance, against the underwriters. The suit was commenced by a mortgagee, Northwestern Mutual Life Insurance Co. ("Northwestern"), and the shipowner cross-claimed against the underwriters; before the case was tried a settlement was agreed upon between Northwestern and the underwriters so that the trial related only to...
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