Continental Insurance v. Lone Eagle Shipping Ltd.

Defendant Lone Eagle Shipping Ltd. (“Lone Eagle”) appeals from a judgment entered in the United States District Court for the Southern District of New York following *104a bench trial before Denise Cote, Judge, awarding plaintiffs Continental Insurance Co. et al. (collectively “Continental”) reimbursement in the amount of $159,000 plus interest and costs, and declaring plaintiffs not liable on an insurance policy covering Lone Eagle’s ship, the ALPHA STAR. On appeal, Lone Eagle contends that the district court erred in failing to find that the damage to its ship was caused by an insured peril of…