5th Circ. Revives XL's Suit Over $1.7M Dock Mooring Dispute
By Ganesh Setty ( June 13, 2022, 4:30 PM EDT) -- The Fifth Circuit overturned a decision against XL Insurance America Inc. in a roughly $1.7 million dispute over a vessel striking a mooring structure, finding that a lower court too strictly applied maritime precedent that generally prevents one from recovering economic losses without physical damage to a proprietary interest....
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