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ELEVATING BOATS, INC. v. GULF COAST MARINE, INC.

No. 84-3803 Summary Calendar.

766 F.2d 195 (1985)

ELEVATING BOATS, INC., et al., Plaintiffs/Appellants, v. GULF COAST MARINE, INC., et al., Defendants/Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied September 11, 1985.

Attorney(s) appearing for the Case

Roy A. Raspanti, New Orleans, La., for Meldeans, Inc.

Michael J. Maginnis, New Orleans, La., for American Bankers Ins., Gulf Coast Marine, Jersey Int'l.

John J. Broders, Robert T. Lemon, New Orleans, La., for Manser Ins. Agency.

Before WILLIAMS, JOLLY and HILL, Circuit Judges.

JERRE S. WILLIAMS, Circuit Judge:

This appeal involves the alleged breach of a marine insurance contract. The district court, exercising its admiralty jurisdiction, ruled for the insurance company. See Elevating Boats, Inc. v. Gulf Coast Marine, Inc., 595 F.Supp. 160 (E.D.La.1984). The policyholders, Meldeans, Inc. and Elevating Boats, Inc. (Elevating), one of Meldeans' sister companies, challenge the district court's factual...

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