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ENTERPRISE TOOLS, INC. v. EXPORT-IMPORT BANK

Nos. 85-1866, 85-2155.

799 F.2d 437 (1986)

ENTERPRISE TOOLS, INC. & E.B. Bennett, Appellees, v. EXPORT-IMPORT BANK OF THE UNITED STATES, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided September 2, 1986.

Rehearing and Rehearing Denied October 2, 1986.

Attorney(s) appearing for the Case

William G. Cole, Washington, D.C., for appellant.

William L. Buffalo, Little Rock, Ark., for appellees.

Before LAY, Chief Judge, FLOYD R. GIBSON, Senior Circuit Judge, and ROSS, Circuit Judge.

Rehearing and Rehearing En Banc Denied October 2, 1986.

ROSS, Circuit Judge.

This action requires us to determine whether a policy of credit insurance issued by appellant, the Export-Import Bank of the United States (Eximbank), and its agent, the Foreign Credit Insurance Association (FCIA),1 covered the value of certain assets which were confiscated by a foreign government. Appellees, E.B. Bennett and his wholly owned company,...

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