Lloyd's Syndicate 457 v. FloaTEC, L.L.C.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
STUART KYLE DUNCAN, Circuit Judge:
This case concerns a disputed siting of Big Foot in the Gulf of Mexico. We refer to a floating oil-drilling platform that rests on four massive columns-hence the name "Big Foot"-moored by steel tendons to the ocean floor. Chevron, which operates and co-owns Big Foot, contracted with FloaTEC to engineer the tendons. During installation in 2015, several tendons failed, causing Chevron huge losses. Big Foot was insured by various Lloyd's of London syndicates (collectively, "Underwriters") through a policy issued to Chevron. To cover the tendon mishap,…
2Cases cited45 opinions
- At&T Technologies, Inc. v. Communications WorkersSupreme Court of the United States · 1986
- In Re Katrina Canal Breaches LitigationCourt of Appeals for the Fifth Circuit · 2007
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- Taylor v. Books a Million, Inc.Court of Appeals for the Fifth Circuit · 2002
- Louisiana Ins. Guar. Ass'n v. Interstate Fire & Casualty Co.Supreme Court of Louisiana · 1994
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