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COMPLAINT OF NAUTILUS MOTOR TANKER CO., LTD.

Civ. A. No. 90-2419.

900 F.Supp. 697 (1995)

In the Matter of the Complaint of NAUTILUS MOTOR TANKER CO., LTD., as Owner of the M/T BT Nautilus for Exoneration from or Limitation of Liability.

United States District Court, D. New Jersey.

September 28, 1995.

Attorney(s) appearing for the Case

Goldstein Till & Lite by Andrew J. Goldstein, Newark, NJ and Haight, Gardner, Poor & Havens by John J. Reilly, New York City, for Limitation Plaintiff Nautilus Motor Tanker Co., Ltd.

Hill, Rivkins, Loesberg, O'Brien, Mulroy & Hayden by Richard H. Webber and Robert E. Daley, New York City, for Limitation Defendant Coastal Oil New York, Inc.

OPINION

BASSLER, District Judge:

Limitation Plaintiff, Nautilus Motortanker, Ltd. ("Nautilus") and Limitation Claimant, Coastal Oil New York, Inc. ("Coastal") cross-move for summary judgment pursuant to Federal Rule of Civil Procedure 56. To resolve these motions, the Court must determine whether Nautilus is liable for purely economic losses incurred by Coastal as a result of the June 7, 1990 grounding of the BT Nautilus, a ship owned by Nautilus...

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