Crown Central Petroleum Corporation v. National Union Fire Insurance Company of Pittsburgh, Pennsylvania, Defendant
Court of Appeals for the Fifth Circuit
1Opinion of the Court
THORNBERRY, Circuit Judge:
Defendant-appellant National Union Fire Insurance Company of Pittsburgh (National Union) challenges the district court’s award of prejudgment interest to plaintiffappellee Crown Central Petroleum Corporation (Crown). Upon entering judgment in favor of Crown on its claims for business interruption insurance benefits the court awarded Crown prejudgment interest at a rate of 15% to be calculated from the date Crown submitted its proofs of loss to National Union. Applying Texas law, we reverse and remand with instructions.
FACTS
Crown’s Pasadena, Texas refinery was damaged…
2Cases cited18 opinions
- La Sara Grain Co. v. First National Bank of MercedesTexas Supreme Court · 1984
- Black Lake Pipe Line Co. v. Union Construction Co.Texas Supreme Court · 1976
- Watkins v. JunkerTexas Supreme Court · 1897
- Phillips Petroleum Co. v. Stahl Petroleum Co.Texas Supreme Court · 1978
- Texas Co. v. State & Duval County Ranch Co.Texas Supreme Court · 1955
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3Cited by31 opinions
- Meaux Surface Protection, Inc. v. FoglemanCourt of Appeals for the Fifth Circuit · 2010
- Gibraltar Savings, Cross-Appellant v. Ldbrinkman Corp., Cross-Appellee, and Lloyd D. Brinkman, Defendant-CrossCourt of Appeals for the Fifth Circuit · 1988
- Kern Oil & Refining Co., Plaintiff/counter-Defendant/appellee v. Tenneco Oil Company, Defendant/counter-Claimant/appellantCourt of Appeals for the Ninth Circuit · 1988
- Bonnie Fuchs v. Lifetime Doors, Inc.Court of Appeals for the Fifth Circuit · 1991
- Crum & Forster, Inc. v. Monsanto Co., Texas Court of Appeals, 6th District (Texarkana)1994
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