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IBERIAN TANKERS CO. v. GATES CONSTRUCTION CORP.

No. 68 Civ. 4495.

369 F.Supp. 474 (1974)

IBERIAN TANKERS COMPANY, Plaintiff, v. GATES CONSTRUCTION CORP., Defendant.

United States District Court, S. D. New York, Civil Division.

January 22, 1974.

Attorney(s) appearing for the Case

Bigham, Englar, Jones & Houston, New York City, for plaintiff; Donald M. Waesche, Jr., New York City, of counsel.

Hill, Rivkins, McGowan & Carey, New York City, for defendant; J. Edwin Carey, Raymond P. Hayden, New York City, of counsel.

OPINION

WHITMAN KNAPP, District Judge.

This case was tried in admiralty to the court and resulted, on June 27, 1973, in a finding that plaintiff's claim against defendant for injury to its vessel be reduced 50% by reason of plaintiff's substantial negligence. The parties then stipulated that plaintiff's damages should be fixed at $280,000.00 (one-half the total suffered by its ship). Defendant has paid this sum with interest from the date of the court's...

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