BOOCHEVER, Circuit Judge:
OVERVIEW
Taisho Marine and Fire Insurance Company (Taisho) appeals the district court's judgment in favor of Sea-Land Service Incorporated (Sea-Land). The court held that the peril of the sea defense under the Carriage of Goods by the Sea Act (COGSA), 46 U.S.C. app. § 1304(2)(c) (Supp. III 1985), prevented Taisho from recovering payments made to a shipper for cargo lost by Sea-Land. Taisho contends that the district court ...
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