SINGLETON, Chief Judge.
FINDINGS OF FACT AND CONCLUSIONS OF LAW
The above-styled cause, having been tried before the court without a jury, at the close of the evidence and after hearing arguments of counsel, the court makes the following findings of fact and conclusions of law.
The parties stipulate to the following facts:
Leda, Inc. ("Leda") was the owner and operator of the M/V Taurus on or about July 10, 1981 and at all times material...
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