OLYMPO TRANSPORT COMPANY OF PUERTO RICOINCET AL V CERTAIN INSURANCE COMPANIES AT THE INSTITUTE OF LONDON UNDERWRITERS ET AL

(1997) 6 Re LR 359

United States Court of Appeals First Circuit

Before Senior Circuit Judge Coffin, Senior Circuit Judge Campbell and Chief Judge DiClerico,*

Marine insurance - Cargo - “Insured” - Open policy issued to carrier - Carrier in liquidation - Direct action by cargo-owners against carriers London insurers - “Insured” including carrier and associated companies for whom it received instructions to insure - No express instructions to insure by cargo-owners - Alleged custom of trade.