National Casualty Co. v. Lockheed Martin Corp.

Memorandum Opinion

ALEXANDER WILLIAMS, JR., District Judge.

This longstanding action arises out of the alleged breach of a marine insurance policy between National Casualty Company (hereinafter “NCC”), the insurer, and Lockheed Martin (hereinafter “Lockheed”), the insured. After a multi-week trial, the jury returned a verdict in favor of Lockheed, see Doc. No. 252, and the Court entered final judgment soon thereafter, see Doc. No. 261. Two post-trial matters are currently before the Court: (1) NCC’s motion for judgment notwithstanding the verdict (hereinafter “JNOV”) or, in the alternative, to…