NERCO OIL & GAS, INC. v. OTTO CANDIES, INC.

No. 95-30008.

74 F.3d 667 (1996)

NERCO OIL & GAS, INC., et al., Plaintiffs, Agip Petroleum Co., Inc. and Lleco Holdings, Inc., Plaintiffs-Appellants, Cross-Appellees, v. OTTO CANDIES, INC., et al., Defendants, Otto Candies, Inc., Defendant-Appellee, Cross-Appellant.

United States Court of Appeals, Fifth Circuit.

February 14, 1996.


Attorney(s) appearing for the Case

Russell Keith Jarrett, Donald R. Abaunza, Liskow & Lewis, New Orleans, LA, for plaintiff and plaintiffs-appellants, cross-appellees.

George Alexander Weller, New Orleans, LA, for defendants and defendant-appellee, cross-appellant.

Before REAVLEY, HIGGINBOTHAM and BARKSDALE, Circuit Judges.


REAVLEY, Circuit Judge:

On November 7, 1992 an allision occurred between the M/V Hatty Candies, owned by Otto Candies, Inc., and an offshore oil and gas platform owned by Nerco Oil & Gas, Inc. and Agip Petroleum Co. Nerco's assets were later purchased by LLECO Holdings, Inc. As a result of the accident, three of the wells on the platform were shut-in for between 31 and 50 days. The parties settled all claims of actual damages to the platform, and tried to the...

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