W. EUGENE DAVIS, Circuit Judge:
The district court rendered judgment against defendant, Revelle Shipping Agency, Inc. (Revelle), on grounds that defendant, as agent, was responsible for its principal's obligation. We disagree and reverse.
I.
Revelle acts as a maritime general agent for vessel owners and operators at the Port of New Orleans. In 1980, Revelle began acting as local agent for Clover Trading Company (Clover), a Danish vessel owner and...
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