Formosa Plastics Corporation (U.S.A.) and others v. Arthur Collwyn Sturge and others - U.S. District Court (S.D.N.Y.) - 1988 A.M.C. 333

Marine insurance - Interpretation of bailee clause

Formosa (U.S.A.) purchased from the defendants an open marine cargo insurance policy covering shipments of chemicals. Shipments of chemicals was found to be contaminated and claims were made under the policy.