United States Fifth Circuit
BP N. AM. PETROLEUM v. SOLAR ST, 00-30494
Where plaintiff attempts to mitigate damages by trading in the commodity futures market, the district court's award of damages needs to reflect this by using the "market value" measure, the traditional measure of damages in a damaged goods case.
Appellate Information
- Decided 05/14/2001
- Published 05/14/2001
Judges
- E. GRADY JOLLY, Circuit Judge:, Before HILL,JOLLY and BENAVIDES, Circuit Judges.
Court
- United States Fifth Circuit
Counsel
- For Appellant:
- Alanson Trigg Chenault, IV (argued), Antonio J. Rodriguez, Rice Fowler, New Orleans, LA, for Plaintiff-Appellant., Franklin H. Jones, III (argued), Michael L. McAlpine, McAlpine & Cozad, New Orleans, LA, for AHL Shipping Co.