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IN RE BALFOUR MacLAINE INTERN. LTD.

Nos. 327, 536, Dockets 95-5015(L), 95-7287(CON).

85 F.3d 68 (1996)

In re BALFOUR MacLAINE INTERNATIONAL LIMITED, Debtor. ATLANTIC MUTUAL INSURANCE COMPANY, Plaintiff-Appellant, v. BALFOUR MacLAINE INTERNATIONAL LIMITED; Van Ekris & Stoett Inc.; Amro Bank; Bank Brussels Lambert, S.A.; Banque Indosuez; BSI-Banca Della Svizzera Italiana, Defendants-Appellees. INSURANCE COMPANY OF NORTH AMERICA, Plaintiff-Appellant, v. ARMENIA COFFEE CORPORATION, Defendant-Appellee, Rafael Espinosa & Hnos., Bankers Trust Company, National Westminster Bank, American Express Bank Ltd., Chase Manhattan Bank, N.A., French American Banking Corp., Chemical Bank, First Fidelity Bank, New Jersey, PBTC International Bank, Credit Agricole CNCA, BAII Banking Corporation, Defendants.

United States Court of Appeals, Second Circuit.

Decided May 30, 1996.

Attorney(s) appearing for the Case

John A.V. Nicoletti, Donovan Parry Walsh & Repetto, New York City (John K. McElligott, Nooshin Namazi, Donovan Parry Walsh & Repetto, on the brief), for plaintiff-appellant.

Stanley McDermott III, Piper & Marbury, L.L.P., New York City (David P. Langlois, Piper & Marbury, L.L.P., on the brief), for defendant-appellee.

John M. Woods, Thacher Proffitt & Wood, New York City (Marilyn L. Lytle, John J. Kim, Thacher Proffitt & Wood, on the brief), for Amicus Curiae, American Institute of Marine Underwriters.

Before: NEWMAN, Chief Judge, and ALTIMARI, and McLAUGHLIN, Circuit Judges.

ALTIMARI, Circuit Judge:

The plaintiff-appellant Insurance Company of North America ("INA") appeals from a judgment of the United States District Court for the Southern District of New York (Sand, J.) awarding the defendant-appellee Armenia Coffee Corporation ("Armenia"), following a bench trial, $1,640,382 on its claim against INA for insurance coverage of coffee that allegedly disappeared from two warehouses in Mexico. See Atlantic Mutual Ins. Co v. Balfour...

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