Bankers Trust Co. v. Bethlehem Steel Corp.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
SEITZ, Chief Judge.
Villaneuva Compañía Naviera, S.A. (Villaneuva) appeals from an order of the district court setting the market value of the ship CORINTHOS at $2.73 million and denying Villaneuva prejudgment interest. BP Oil, Inc. and Sohio Petroleum Company (BP/Sohio) appeal from an order of the district court denying BP/Sohio prejudgment interest and applying the legal rate of interest in Pennsylvania to the postjudgment interest award.
I
On January 31, 1975, the chemical tanker S.S. EDGAR M. QUEENY struck the crude oil tanker S.T. CORINTHOS in the Delaware River at…
2Cases cited14 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- Standard Oil Co. of NJ v. Southern Pacific Co.Supreme Court of the United States · 1925
- Noritake Co., Inc. v. M/v Hellenic ChampionCourt of Appeals for the Fifth Circuit · 1980
- Alkmeon Naviera, S.A. v. M/V MARINA LCourt of Appeals for the Ninth Circuit · 1980
- Speyer, Inc. v. Humble Oil & Refining Co.Court of Appeals for the Third Circuit · 1968
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3Cited by4 opinions
- In the Matter of the Complaint of Bankers Trust Company as Owner-Trustee and Monsanto Company as Chartered Owner, and Keystone Shipping Co., as Chartered Owner and Operator of the S.S. Edgar M. Queeny, for Exoneration From and Limitation of Liability and Villaneuva Compania Naviera, S.A., Amoco Overseas Oil Company, and Amoco Transport Company, Third-Party v. Bethlehem Steel Corporation, General Electric Company, and the William Powell Company, Third-Party Appeal of Villaneuva Compania Naviera, S.A., in Nos. 80-2366, 80-2444. Appeal of B.P. Oil Inc. And Sohio Petroleum Company in No. 80-2367. In the Matter of Complaint of Villaneuva Compania Naviera, S.A., Owner of the Tank Vessel Corinthos, for Exoneration From and Limitation of Liability, Royal Globe Insurance Company, Intervenor National Grange Mutual Insurance Company and Insurance Company of North America v. Bethelem Steel Corporation and General Electric Company and the William Powell Company, Third-Party v. British Petroleum, Ltd. B.P. Oil Inc. And Sohio Petroleum Company, Third-Party Appeal of Villaneuva Compania Naviera, S.A., in Nos. 80-2366, 80-2444Court of Appeals for the Third Circuit · 1981
- United States v. Peavey Barge LineCourt of Appeals for the Seventh Circuit · 1984
- United States v. Schooner WindspiritDistrict Court, Virgin Islands · 1995
- No. 84-1251Court of Appeals for the Seventh Circuit · 1984