Legal Opinion
The Travelers Insurance Company v. Transport Insurance Company, Defendant-Third-Party v. Federal Insurance Company, Third-Party
Court of Appeals for the Third Circuit
Decided May 3, 1988No. 87-1478PublishedCited by 44 opinions
1Opinion of the Court
COFFEY, Circuit Judge.
In a diversity of citizenship jurisdiction suit, Federal Insurance Company appeals the district court’s decision ordering Federal to pay prejudgment interest of 8% and post-judgment interest of 12% on a sum of money that Federal and Travelers Insurance Company owed to Transport Insurance Company for settlement of a disputed claim. We reverse and remand.
I
On August 28, 1982, Flanigan Tires, Inc. entered into a “trip lease” agreement with Commercial Lovelace Motor Freight, Inc. whereby Flanigan Tires would lease its truck to Commercial Lovelace to transport a load of tin…
2Cases cited9 opinions
- Hanna v. PlumerSupreme Court of the United States · 1965
- Otis Clapp & Son, Inc. v. Filmore Vitamin Company D/B/A Medique ProductsCourt of Appeals for the Seventh Circuit · 1985
- G.M. Brod & Company, Inc., a Florida Corporation, Cross-Appellant v. U.S. Home Corporation, a Delaware Corporation, Cross-AppelleeCourt of Appeals for the Eleventh Circuit · 1985
- Simmons, Inc., a Corporation v. Pinkerton's, Inc., a Corporation and National Surety Corporation, a CorporationCourt of Appeals for the Seventh Circuit · 1985
- James D. Elias v. Ford Motor CompanyCourt of Appeals for the First Circuit · 1984
4 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- Gorenstein Enterprises, Inc., Sam Gorenstein, and David Gorenstein v. Quality Care-Usa, Inc. And David A. ScheinmanCourt of Appeals for the Seventh Circuit · 1989
- Sylvia Evans v. City of Chicago, Bertha Balark v. City of Chicago, Curtis Collum, Cross-Appellants v. City of Chicago, Cross-AppelleesCourt of Appeals for the Seventh Circuit · 1989
- In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1999
- Forest Sales Corporation v. Walter Bedingfield, Rufus McLartyCourt of Appeals for the Fourth Circuit · 1989
- Derance, Inc., a Wisconsin Not for Profit Corporation v. Painewebber Incorporated, a Delaware Corporation, and Paul SarnoffCourt of Appeals for the Seventh Circuit · 1989
39 more not listed; retrieve them via the Exa API.