Albany Insurance v. Almacenadora Somex, S.A.

DeMOSS, Circuit Judge:

Background

On April 4, 1991, appellant Albany Insurance Company brought suit against (i) appel-lee Fernando Coello Garrido (“Coello”), (ii) appellees Alata Rica S.A. de C.V., Beneficio La Altura, S.A. de C.V., Beneficio San Fernando S.A. de C.V., Cafes Premier Y Altura, S.A. de C.V., and Commercializadora Mexica-na de Cafe, S.A, de C.V. (collectively referred to as “Grupo Sanfer”), and (iii) appellee Al-macenadora Somex, S.A. (“Somex”) alleging several causes of action, including breach of contract, fraud and'conversion. Albany alleged that it was the subrogee of Coffee…