New York Marine Managers, Inc. v. Maitland Bros.

ORDER GRANTING MOTION TO DISMISS

JAMES LAWRENCE KING, Chief Judge.

On October 26, 1989, a cargo vessel owned by defendant ran aground on a coral reef in the Key Largo Marine Sanctuary, off the coast of Key Largo, Florida. The vessel was en route from Gloucester, Massachusetts to Mobile, Alabama. As a result of the damage the vessel sustained, defendant submitted to the plaintiffs a claim in the amount of $191,355.22, pursuant to an existing insurance policy. Plaintiffs seek a declaratory judgment that coverage under the policy does not exist due to several reasons, foremost of which is the want…