(DOWNLOAD) "Continental Oil Co. v. Bonanza Corp." by Fifth Circuit United States Court Of Appeals " Book PDF Kindle ePub Free
eBook details
- Title: Continental Oil Co. v. Bonanza Corp.
- Author : Fifth Circuit United States Court Of Appeals
- Release Date : January 01, 1982
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 76 KB
Description
This case calls upon us to descend into the depths of the maritime insurance world to determine when the raising of a sunken wreck is ""compulsory by law."" Continental Oil Company (Conoco) brought suit against Bonanza Corporation (Bonanza) and Republic Insurance Company (Republic) to recover expenses for removing the wreck of the Aqua Safari, an ill-fated 65 or 70 foot vessel that Bonanza had chartered to Conoco. The district court found that Conoco was entitled to recover its expenses from both the vessel owner and the insurance company, and this appeal followed. We agree with the district court that the wreck was the fault of the vessel owner and that Conoco's removal of the wreck was ""compulsory by law"" under the insurance policy, and we affirm. I. Facts The events which brought about the disappearance beneath the ocean waves of the Aqua Safari, chartered by Conoco from its owner, Bonanza, are not in dispute. The Aqua Safari was chartered as a standby boat in Conoco's offshore drilling operations. The boat's primary function was to ferry ""mud log"" reports between Conoco's offshore rig and other vessels in the vicinity. Bonanza was to provide the captain and crew for the Aqua Safari's courier missions.
 "Continental Oil Co. v. Bonanza Corp." by Fifth Circuit United States Court Of Appeals " Book PDF Kindle ePub Free){kind=link}