FINDINGS OF FACT, RULINGS OF LAW AND JUDGMENT AFTER A TRIAL WITHOUT JURY
STEARNS, District Judge.
On February 23, 2000, the STIARNA, a 12 meter sailboat owned by defendants Alain Hanover and Daniel Hanover, caught fire and sank while attempting a seventy mile passage between the Caribbean islands of Trinidad and Grenada. After rejecting the Hanovers' claim for the loss of the recently purchased boat, plaintiff Reliance National Insurance Company ...
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