LASKER, District Judge.
This case presents issues concerning the rights of an insurer who has honored a claim under a Marine Insurance policy when the insured releases a third party allegedly liable for the loss. The question presented is whether the indemnified insured party has a duty to establish in the release that the insurer's subrogated rights have been reserved.
On October 14, 1980, defendant, the Hawaiian Eugenia Corporation, owner of the vessel Poet...
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