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  5. 51 F.Supp.2d 642 (1999)
 

AMERADA HESS CORP. v. ZURICH INS. CO.

No. Civ. 1997-0035.

51 F.Supp.2d 642 (1999)

AMERADA HESS CORPORATION and Hess Oil Virgin Islands Corporation, Plaintiff, v. ZURICH INSURANCE COMPANY, Defendants.

District Court, Virgin Islands, D. St. Croix.

May 17, 1999.

Attorney(s) appearing for the Case

Henry C. Smock, St. Thomas, VI and John B. Wyss, Wiley, Rein & Fielding, Washington, D.C., for defendant.

Robert H. Shulman, Mindy G. Davis, Howrey & Simon, Washington, D.C. and George Eltman, Christiansted, VI, for plaintiffs.

Lee Rohn, Christiansted, VI and Thomas H. Hart III, Alkon, Rhea & Hart, Christiansted, VI, for claimants.

MEMORANDUM OPINION

FINCH, District Judge.

This matter comes before the Court on cross-motions for summary judgment.

I. Background

For the purposes of this summary judgment determination, the parties have presented the following factual circumstances.

A. The FCCU Construction Project

In 1991, Hess Oil Virgin Islands Corp. and its parent Amerada Hess Corp. (collectively "HOVIC" or "Plaintiffs") undertook to construct...

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