OPINION AND ORDER
MORGAN, District Judge.
On October 18, 1995, Plaintiff, AIG Europe S.A. ("AIG"), an underwriter, filed these actions against Defendants: Mediterranean Shipping Company S.A. ("MSC"); MSC's vessels M/V Chiara, M/V Sextum, and M/V Lauren in rem; and Locus Point Terminal Company, t/a Marine Freight Company ("Marine Freight"), seeking to recover damages it suffered as a result of missing cargo from two shipments of leather skins...
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