COMPLAINT OF RIO GRANDE TRANSPORT, INC.

Nos. 78 CIV 2702 (LBS) 78 CIV 5972 (LBS).

646 F.Supp. 1133 (1986)

In the Matter of the Complaint of RIO GRANDE TRANSPORT, INC., as Owner of S.S. YELLOWSTONE, for Exoneration from or Limitation of Liability. In the Matter of the Complaint of COMPAGNIE NATIONALE ALGERIENNE DE NAVIGATION, as Owner of the Motor Vessel IBN BATOUTA, for Exoneration from or Limitation of Liability.

United States District Court, S.D. New York.

November 5, 1986.


Attorney(s) appearing for the Case

Burlingham, Underwood & Lord, New York City, for Rio Grand Transport, Inc.; Robert B. Pohl, of counsel.

Kirlin, Campbell & Keating, New York City, for Compagnie Nationale Algerienne De Navigation; Richard H. Brown, of counsel.

Tenzer, Greenblatt, Fallon & Kaplan, New York City, for Embassy of Tunisia and Office National de Cereales; William M. Pinzler, Marc J. Kurzman, of counsel.


OPINION

SAND, District Judge.

This matter, which relates to an admiralty award of prejudgment interest, is before the Court on remand from the Court of Appeals which instructed that we "modify the prejudgment interest awarded under each judgment after determining, in view of all the circumstances, including the expectations of the parties at the making of the respective settlement agreements, what constituted...

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