VAN GRAAFEILAND, Circuit Judge:
Varig Brazilian Airlines, Inc. appeals from a judgment of the United States District Court for the Southern District of New York which followed a non-jury trial before Judge Richard Owen. The judgment awarded Perera Co., Inc. $150,000 plus interest for the loss in November 1981 of thirteen kilos of gold bullion while it was en route from Montevideo, Uruguay to Perera in New York City. The shipment, consisting of twelve bars, was packaged...
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