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PUERTO RICAN-AMERICAN INS. v. BENJAMIN SHIPPING

No. 86-2029.

829 F.2d 281 (1987)

PUERTO RICAN-AMERICAN INSURANCE COMPANY and Boricua Motors Corp., Plaintiffs, Appellants, v. BENJAMIN SHIPPING COMPANY, LTD., et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided September 28, 1987.

Attorney(s) appearing for the Case

Wilfredo Segarra Miranda with whom Bird & Bird, San Juan, P.R., was on brief, for plaintiffs, appellants.

David C. Indiano with whom Jimenez, Graffam & Lausell, Hato Rey, P.R., was on brief, for defendants, appellees.

Before BREYER and TORRUELLA, Circuit Judges, and CAFFREY, Senior District Judge.

TORRUELLA, Circuit Judge.

This is an appeal from a dismissal due to the equitable doctrine of laches. On October 26, 1981, the "M/V Abbeyville" went aground on a reef near the island of Culebra, Puerto Rico. Defendant Benjamin Shipping Co., Ltd. ("Benjamin Shipping"), the owners and operators of the vessel, entered into an agreement with defendant West Indies Transport Ltd. ("West Indies") for the salvage towage of the "Abbeyville." In the process of towing the vessel...

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