Jim Austin and Aulemic, Inc. v. Servac Shipping Line, Hassan A. Gaafar, Ind., and Lexington Insurance Co., Lexington Insurance Co.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
ROBERT MADDEN HILL, Circuit Judge:
Defendant Lexington Insurance Company (Lexington) appeals a judgment entered against it following a bench trial. Lexington presents several arguments calling for a complete reversal and the entry of a take-nothing judgment and several additional alternative arguments calling for a reduction of the damages assessed against it. While we reject the arguments calling for a complete reversal, we accept several of the damage reduction arguments and therefore order the damages reduced accordingly.
I. BACKGROUND
Plaintiffs Jim Austin and his wholly owned corporation,…
2Cases cited17 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- Wilburn Boat Co. v. Fireman's Fund InsuranceSupreme Court of the United States · 1955
- Mrs. Frances Buckley Ward, Cross-Appellant v. The Hobart Manufacturing Company, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1971
- Saskatchewan Government Insurance Office v. Spot Pack, Inc.Court of Appeals for the Fifth Circuit · 1957
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- Federal Insurance v. PGG Realty, LLCDistrict Court, S.D. New York · 2008
- Lloyd's U.S. Corp. v. SmallwoodDistrict Court, M.D. Florida · 1989
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