E. GRADY JOLLY, Circuit Judge:
The Genesis Spar, an oil production facility, sits 150 miles south of New Orleans in the Gulf of Mexico. A riser system attaches the floating spar to the ocean floor, 2,600 feet below. The hub of this appeal, indeed of this entire multiparty dispute, is the failed bolts used to secure the riser system. Chevron USA, Inc. ("Chevron"), the part-owner and operator of the Genesis Spar, sued several parties to recover its costs resulting from...
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