Continental Cameras Co., Inc., Metropolitan Bank & Trust Co. v. Foa & Son Corporation

831 F.2d 45

CONTINENTAL CAMERAS CO., INC., Metropolitan Bank & Trust Co., Plaintiffs-Appellants, v. FOA & SON CORPORATION, Defendant-Appellee.

No. 213, Docket No. 87-7466.

United States Court of Appeals, Second Circuit.

Argued Oct. 13, 1987. Decided Oct. 19, 1987.

Peter D. Isakoff, Washington, D.C. (Richard Ben-Veniste, Ben-Veniste & Shernoff, Washington, D.C., Thomas J. Fitzpatrick, New York City, on the brief), for plaintiffs-appellants.

David Franks, Uniondale, N.Y. (Frank L. Amoroso, Rivkin, Radler, Dunne & Bayh, Uniondale, N.Y., on the brief), for defendant-appellee.

Before KEARSE, PIERCE and PRATT, Circuit Judges.

PER CURIAM:

1

Plaintiffs Continental Cameras Co., Inc. ("Continental"), and Metropolitan Bank & Trust Co. appeal from a final judgment of the United States District Court for the Southern District of New York, Leonard B. Sand, Judge, dismissing for lack of admiralty jurisdiction their complaint against Continental's insurance broker for failing to forward premiums to Continental's insurance company in time to avoid cancellation of Continental's policy and failing to inform Continental that its policy had been canceled. We affirm the judgment dismissing the complaint substantially for the reasons stated in the opinion of Judge Sand, published at 658 F.Supp. 287 (1987). See generally Peralta Shipping Corp. v. Smith & Johnson Corp., 739 F.2d 798 (2d Cir.1984), cert. denied, 470 U.S. 1031 , 105 S.Ct. 1405 , 84 L.Ed.2d 791 (1985).