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METAL PROCESSING, INC. v. HUMM

No. Civ. 95-1085(WGB).

56 F.Supp.2d 455 (1999)

METAL PROCESSING, INC., Plaintiff, v. Timothy Maxwell HUMM, An Underwriter at Lloyd's London, on Behalf of Himself and All Other Lloyd's Underwriters Subscribing to Cargo Insurance Cover Note MB 6340D00; McAllister Brothers; McAllister Towing and Transportation Co., Inc.; Scott Paper Co.; Transportation Advisory Council, Inc.; New Jersey Steel Corporation; Intech Marine Inc.; and I.I.C. Marine Consultants, Inc., Defendants. McAllister Towing & Transportation Co., Inc., Third-Party Plaintiff, v. Raritan River Terminals, Inc., Third-Party Defendant.

United States District Court, D. New Jersey.

July 2, 1999.

Attorney(s) appearing for the Case

John J. Walsh, Freehill, Hogan & Mahar, Jersey City, New Jersey, for defendants McAllister Brothers, Inc. and McAllister Towing and Transp. Company, Inc.

Vincent J. Barra, Barra & Salz, Allendale, New Jersey, for defendant Scott Paper Co.

OPINION

BASSLER, District Judge.

This matter was tried without a jury before this Court on November 24, 1998.1 For the reasons set forth below, the Court finds that the Defendant Scott Paper Company ("Scott"), is liable for $2,035,000. Furthermore, the Court finds that Scott is not liable for pre-judgment interest on this award.

I. Background

In the Fall of 1992 the tug...

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