O'Brien Bros. v. the Helen B. Moran

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that damages are reduced by “any value of the wreck as salvage” and increased by “interest on the net amount from the date of the collision”
• noting that fair market value can be shown by “a capitalization of earning capacity”
• damages for constructive total loss “would be the value of the vessel at the time of the collision less any value of the wreck as salvage, ... [plus] interest on the net amount from the date of the collision”
• expenses of raising sunken barge allowed in total loss case
• libellant showed what was paid out for repairs

Source: CourtListener parenthetical corpus (CC0).