Keystone Shipping Co. v. SS Monfiore

Memorandum:

INGRAHAM, District Judge.

I

This suit is now before the court on the motion of the libellant to recover the costs incurred as premiums for a $200,-000 stipulation to abide decree. Following a collision on February 15, 1961, in response to the request of the respondent, on March 24, 1961, the libellant posted the stipulation in question.

The Court of Appeals in a decision, Navigazione Alta Italia v. Keystone Shipping Co., reported at 365 F.2d 422 (5 C.A.1966), affirmed the decree of this court finding the Monfiore solely at fault in the collision and the stipulation was cancelled by an…