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LURIA BROS. & CO. v. ALLIANCE ASSUR. CO., LTD.

Nos. 1133, 1187, Dockets 85-7002, 85-7004 and 85-7028.

780 F.2d 1082 (1986)

LURIA BROTHERS & COMPANY, INC., Ogden Metals Inc., Ogden Corporation and Luria International Division, Plaintiffs-Appellants, Cross-Appellees, v. ALLIANCE ASSURANCE CO., LTD., Commercial Union Assurance Co., Assmij Nieuw Rotter Dam, Eagle Star Insurance Company, Londo & Hull Maritime Insurance Company, Urbaine UAP, Assicur-Azioni D'Italia, La Belgique S.A., Assurances Abelle-Paix, Mutuamar-Societa De Ass. Per Azioni, Levante, Comar, Siat (Societa Italiana Assicuracioni Trasporti), Riunione Adriatica, Sicurta Fra Armatori, Tokio Fire & Marine Ins. Co., Ltd., Taisho Marine & Fire Ins. Co., Ltd., Neuchateloise Compagne Suisse, Europa, Assurances Generales de France, L'Assurances Liegeoise, Boreas, Pacific Employers Insurance Co., American International Underwriters, Italia Assicurazioni Kemper, Languedoc Societe d'Assurancas, Cornhill Insurance Co., Ltd., Scottish Lion Ins. Co., Ltd., De Vaderlandsche, Phoenix Continental S.A., L'Alsacienne, Block Sea & Baltic General Ins. Co., Ltd., Le Monde, S.A.A.G. 1857 Bruxelles, Riunione Adriatica, L'Independance, Providentia, Atlas, Allianz, and any and all underwriters subscribing to Marine Liability Policy numbered 3110 and Mari Excess Liability Policy numbered 3111, City Insurance Company, Defendants-Appellees, Cross-Appellants.

United States Court of Appeals, Second Circuit.

Decided January 10, 1986.

Attorney(s) appearing for the Case

Patrick V. Martin, New York City (Douglas R. Burnett, Hill, Rivkins, Carey, Loesberg, O'Brien & Mulroy, New York City, of counsel) for plaintiffs-appellants, cross-appellees.

Richard E. Repetto, New York City (John A.V. Nicoletti, James P. Krauzlis, Donovan Maloof Walsh & Kennedy, New York City, of counsel), for defendants-appellees, cross-appellants.

Before VAN GRAAFEILAND and PRATT, Circuit Judges, and MORRIS E. LASKER, Senior District Judge for the Southern District of New York, sitting by designation.

GEORGE C. PRATT, Circuit Judge.

This case arises out of the sinking of a cargo ship on the high seas with the loss of all crew members and passengers. The issues, of course, are over money: to what extent shall plaintiffs Luria Brothers & Company, Inc., et al., hereinafter collectively referred to as "Luria", who were charterers of the ill-fated vessel, recover from defendants Alliance Assurance Co., Ltd. et al., hereinafter collectively referred to as "underwriters...

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