Transamerica Leasing Inc v The Institute of London Underwriters - United States District Ct (SD Florida)(Moore DJ) - 6 May 1998

Marine insurance - Whether plaintiff named insured or loss payee - Whether entire policy void on basis of non-disclosure by coinsured or whether policy severable

The plaintiff, Transamerica, a lessor of ocean cargo containers, entered into various lease agreements with a Venezuelan shipping company (‘CAVN’), and was the assignee of all rights under certain lease agreements with Tiphook Container Leasing.