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U.S. FIDELITY & GUAR. CO. v. LOOP, INC.

No. 91-3792.

961 F.2d 84 (1992)

UNITED STATES FIDELITY & GUARANTY COMPANY, Plaintiff-Appellant, v. LOOP, INC., Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

May 21, 1992.

Attorney(s) appearing for the Case

Wood Brown, III, John Y. Pearce, Andrew M. Edwards, II, New Orleans, La., for U.S. Fidelity & Guar. Co.

Andre J. Mouledoux, Alan Guy Brackett, Pierce A. Hammond, II, Hebert, Mouledoux & Bland, New Orleans, La., for LOOP, Inc.

Before WISDOM, REYNALDO G. GARZA, and JONES, Circuit Judges.

PER CURIAM:

The only issue before this Court is whether the Louisiana Oilfield Indemnity Act1 applies to the facilities of LOOP, Inc.,2 a corporation engaged in receiving oil from supertankers at its deepwater terminal, storing that oil in its land-based salt dome caverns, and distributing that oil to various refineries.

The plaintiff-appellant argues that the wells supplying the oil stored in LOOP...

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