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TRAVELERS CAS. AND SUR. CO. v. ERNST & YOUNG LLP

No. 07-60379.

542 F.3d 475 (2008)

TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, A Connecticut Corporation, Plaintiff-Appellee, v. ERNST & YOUNG LLP, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

September 8, 2008.

Attorney(s) appearing for the Case

Luther T. Munford (argued), Rebecca Hawkins, Phelps Dunbar, Jackson, MS, Andrew V. Tramont, Paulino Antonio Nunez, Tramont, Guerra & Nunez, Coral Gables, FL, for Plaintiff-Appellee.

Reagan W. Simpson, King & Spalding, Houston, TX, L. Joseph Loveland (argued), Joseph B. Haynes, Cheri Alison Grosvenor, Michael M. Raeber, King & Spalding, Atlanta, GA, James B. Galloway, Butler, Snow, O'Mara, Stevens & Cannada, Jackson, MS, for Defendant-Appellant.

Before JONES, Chief Judge, and DAVIS and GARZA, Circuit Judges.

EMILIO M. GARZA, Circuit Judge:

The district court entered judgment on a jury verdict in favor of Travelers Casualty and Surety Company of America ("Travelers") and against Ernst & Young LLP ("E&Y"). E&Y appeals the district court's denial of its motion for judgment as a matter of law and its motion for new trial. For the following reasons, we affirm.

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In November 1999, Friede Goldman International and Halter Marine Group, Inc. merged...

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