Otal Investments, Ltd. v. M/V. Tricolor, No. 08-3031 (2d Cir. 2012)Annotate this Case
The owners of each of the three vessels involved in the collision at issue appealed the district court's allocation of liability. In addition, the owners of the M/V Clary contended that they were entitled to limit their liability under the Limitation of Liability Act, 46 U.S.C. 30505, and the manager of that vessel asserted that the district court erred in finding it liable for the collision under common law. The court found no error in the district court's allocation of liability. The court found, however, clear error in the district court's determination that the Clary Owners were not entitled to limit their liability. The court declined to address the Clary manager's argument that liability was limited because the argument was not raised. Therefore, the court affirmed in part and vacated and remanded in part.