THOMSEN, Chief Judge.
Libellants, insured owners and mortgagee of the Hai Hsuan, having abandoned to respondent insurer all their right, title, and interest in the vessel as a constructive total loss, now seek to participate in the salvage in that proportion (20%) which their Increased Value (P. P. I.) insurance bears to the total insurance, because the P. P. I. policy provides: "This insurance is without benefit of salvage."
The Hai Hsuan was lost to libellants...
Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.