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FORMOSA PLASTICS CORP. (U.S.A.) v. STURGE

No. 84 Civ. 3498 (BN).

684 F.Supp. 359 (1987)

FORMOSA PLASTICS CORPORATION (U.S.A.) and Formosa Plastics Corporation (Taiwan), Plaintiffs, v. Arthur Collwyn STURGE, Individually and as the Representative of all Members of those Syndicates Subscribing to Lloyd's Policy No. 79JC10328 and all Insurance Companies, Members of the Institute of London Underwriters, Severally Subscribing to Policy No. 79JC10328, Defendant.

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

October 16, 1987.

Attorney(s) appearing for the Case

Haight, Gardner, Poor & Havens, New York City, for plaintiffs; Chester D. Hooper, John T. Viti, of counsel.

Symmers, Fish & Warner, New York City, for defendant; William Warner, of counsel.

OPINION, FINDINGS OF FACT AND CONCLUSIONS OF LAW

NEWMAN, Senior Judge, United States Court of International Trade, sitting as a District Court Judge, by designation:

Introduction

Formosa Plastics Corporation (U.S.A.) ("Formosa-USA") and Formosa Plastics Corporation (Taiwan) ("Formosa-Taiwan")1 seek recovery of $287,696.49, plus interest, under an all risks open marine cargo insurance policy issued by defendant...

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