COMPLAINT OF CONNECTICUT NAT. BANK

Nos. 434, 467, Docket 90-7359(L), 90-7371.

928 F.2d 39 (1991)

In the Matter of the Complaint of The CONNECTICUT NATIONAL BANK, Trustee, as Owner; General Electric Credit Corporation, as Sole Beneficiary of Grantor Trust; 660 Leasing Company, as Bareboat Charterer; Connecticut Transport, Inc., as Owner pro hac vice and Bareboat Subcharterer of S/S OMI YUKON, for Exoneration from or Limitation of Liability, Plaintiffs-Appellants. HAWAIIAN INDEPENDENT REFINERY, INC. and Pacific Resources, Inc., Claimants and Third-Party Plaintiffs-Appellants, v. OMI CORP. and Caleb Brett U.S.A., Inc., Third-Party Defendants. OMI CORP., Third-Party Defendant and Fourth-Party Plaintiff, and The Connecticut National Bank, et al., Plaintiffs and Fourth-Party Defendants, v. CALEB BRETT U.S.A., INC., Fourth-Party Defendant. Louanna Duffy, Claimant-Appellee.

United States Court of Appeals, Second Circuit.

Decided March 6, 1991.


Attorney(s) appearing for the Case

William M. Kimball, New York City, for plaintiffs-appellants.

William S. Busch, New York City (Theodore A. Ulrich, Cadwalader, Wickersham & Taft, New York City, on the brief), for claimants and third-party plaintiffs-appellants.

George J. Cappiello, New York City (William E. Weiss, Livingston & Weiss, San Francisco, Cal., on the brief), for claimant-appellee.

Before NEWMAN and PRATT, Circuit Judges, and SWEET, District Judge.


JON O. NEWMAN, Circuit Judge:

This suit by a widow for compensation for her husband's death raises primarily a somewhat esoteric, yet recurring, issue in the calculation of damages for lost future wages: Whether the present value of future wages, calculated by discounting back to the event that caused the loss, should bear prejudgment interest from date of loss to date of trial, and, if so, at what rate? This issue arises on an appeal by Hawaiian Independent Refinery...

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