U.S. Fidelity & Guar. Co. v. Loop, Inc.

United States Court of Appeals, Fifth Circuit. No. 91–3792. UNITED STATES FIDELITY & GUARANTY COMPANY, Plaintiff–Appellant, v. LOOP, INC., Defendant–Appellee. May 21, 1992. Appeal from the United States District Court For the Eastern District of Louisiana. Before WISDOM, REYNALDO G. GARZA, and JONES, Circuit Judges. PER CURIAM: The only issue before this Court is whether the Louisiana Oilfield Indemnity Act1 applies to the facilities of LOOP, Inc.,2 a corporation engaged in receiving oil from supertankers at its deepwater terminal, storing that oil in its land-based salt dome caverns, and…