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CRADDOCK INTERN. INC. v. W.K.P. WILSON & SON, INC.

No. 95-60552.

116 F.3d 1095 (1997)

CRADDOCK INTERNATIONAL INCORPORATED; Pesquera Malla, S.A., Plaintiffs-Appellees-Cross-Appellants. v. W.K.P. WILSON & SON, INC., et al., Defendants, W.K.P. Wilson & Son, Inc., Defendant-Appellant-Cross-Appellee.

United States Court of Appeals, Fifth Circuit.

June 26, 1997.

Attorney(s) appearing for the Case

Richard Ben Foster, Kent B. Ryan, Lemle & Kelleher, New Orleans, LA, for Plaintiffs-Appellees-Cross-Appellants.

Marvin S. Sloman, Jeffrey Scott Levinger, Carrington, Coleman, Sloman & Blumenthal, Dallas, TX, Eric Brian Klopfer, Nashville, TN, for Defendant-Appellant-Cross-Appellee.

Before BARKSDALE, EMILIO M. GARZA and BENAVIDES, Circuit Judges.

BENAVIDES, Circuit Judge:

The M/V Scotia Seahorse, a 176-foot offshore supply vessel, sank off the Venezuelan coast en route to Pisco, Peru. A fish meal processing plant worth approximately $1.7 million sank with the vessel. Through a remarkable chain of events, the loss of the plant was entirely uninsured. The vessel owner and the cargo owner brought suit against W.K.P. Wilson & Son, Inc. ("Wilson"), an Alabama marine insurance broker, alleging that the...

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