OSCAR L. ARONSEN INC. v. COMPTON AND OTHERS (THE "MEGARA")

[1974] 1 Lloyd's Rep. 590

UNITED STATESCOURT OF APPEALS(SECOND CIRCUIT)

Before Chief Judge Kaufman, Circuit Judge Smith and Circuit Judge Anderson

United States - Marine insurance - Insurance of anticipated charter profits by charterer of vessel - Indemnity for loss of profits where vessel was "compromised or arranged total loss" - Claim by vessel's owner for constructive total loss - Claim abandoned and settled as partial loss - Whether charterer entitled to indemnity.