Conoco, Inc. v. Republic Insurance Co.

JERRE S. WILLIAMS, Circuit Judge:

Conoco hired a ship owned by Bonanza. The ship was insured by Republic. The ship sank. Bonanza went broke. The parties went to court, and ten years later they are still there. This particular appeal is brought by Republic Insurance Co. from a summary judgment against it in favor of Conoco entered by the district court. We reverse.

I. The Facts: Bonanza’s Foreman Messes Up.

The underlying script of this show has been set out twice by this Court, at 677 F.2d 455 and at 706 F.2d 1365. We provide only a brief rerun. Appellee Conoco operated an offshore drilling rig…