King, Krebs & Jurgens, PLLC

“In Navigation” Status for Vessels under Renovation Remains Unclear

A Texas court of appeals recently held that a drill ship undergoing a renovation for nearly two years in dry dock might still be a “vessel in navigation.” Gold v. Helix Energy Solutions Group, Inc., No. 14-15-00123-CV, (Tex…more

Jones Act, Repairs, Summary Judgment, Vessels

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Eighteen Percentage Spread between Pre- and Post-Judgment Interest Rates Affirmed

The current post-judgment interest rate in federal court is the infinitesimally meager rate of 0.22% (that is 22 hundredths of a percent, not 22 percent) as per statute, 28 U.S.C. § 1961(a)…more

Postjudgment Interest, Prejudgment Interest

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Bad Faith Insurance Alert: Louisiana Courts Weigh In On Bad Faith Claims Involving Suspicious Thefts

Insureds do not present fraudulent claims and then simply admit to it during the claim adjustment. Thus, insurers often find themselves in the uncomfortable dilemma of denying payment on a suspicious claim and risking bad faith…more

Bad Faith, Fraud, State Farm, Theft

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IRS Announces Deadline to Make 2012 Charitable/IRA Rollovers

On January 16, 2013, the IRS issued a notice (IR-2013-6) advising that certain IRA owners have a limited time to make tax-free transfers to eligible charities and have them count for 2012. IRA owners age 70½ or older have until…more

American Taxpayer Relief Act, Charitable Donations, Charitable Rollover, Income Taxes, IRA

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Don’t Stress, You’re Not Covered: Court Denies Recovery Under Jones Act for Work-Related Stress

The Eleventh Circuit in Skye v. Maersk Line, Ltd. held seamen cannot recover for work-related stress under the Jones Act. Is work-related stress starting to take its toll?…more

Employer Liability Issues, Jones Act, Work-Induced Stress

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Jurgens And Bercaw Establish A Tension Leg Platform Is Not A Vessel

Jack Jurgens and Jim Bercaw succeeded in obtaining a partial summary judgment from District Judge Lance M. Africk that the MATTERHORN SEASTAR, a floating tension leg platform (“TLP”) secured to the Outer Continental Shelf off…more

Jones Act, LHWCA, Vessels, Workplace Injury

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Greek Shipowners Consider Exodus as Crisis Leads to Proposed Higher Taxes

Greek shipowners facing proposed higher taxes due to the Greek financial crisis are considering an exodus from the country, which would be a blow to the economy and Greek ports such as the Port of Piraeus, pictured above…more

Cyprus Bailout, Greece, Ports, Shipping, Shipping Cargo

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Future Lost Wages Decision of Note by U.S. Fifth Circuit

The U.S. Fifth Circuit recently reversed and rendered a District Court’s finding of future lost wages so that it was based on statistical work life expectancy rather than Social Security retirement age. In the recent unpublished…more

Jones Act, Lost Wages, Oil & Gas, Social Security Benefits, Wage and Hour

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Offshore Supply Vessel Tax Credit Targeted in Louisiana Governor’s Proposed Fiscal Plan

Louisiana Governor John Bel Edwards’ proposal for short term fixes for the State’s fiscal problems includes a shot at already-hurting offshore supply vessel owners/operators. OSV operators/owners currently receive a refundable…more

Ad Valorem Tax, Tax Credits, Vessels

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Bad Faith Insurance Alert: Louisiana Courts Weigh In On Bad Faith Claims Involving Suspicious Thefts

Insureds do not present fraudulent claims and then simply admit to it during the claim adjustment. Thus, insurers often find themselves in the uncomfortable dilemma of denying payment on a suspicious claim and risking bad faith…more

Bad Faith, Fraud, State Farm, Theft

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Fifth Circuit Clarifies Rules on Seamen Who Provide False Information During Pre-Employment Physicals

The U. S. Fifth Circuit recently held that an injured seaman was precluded from recovering maintenance and cure where he intentionally provided false information during a pre-employment physical conducted by a previous employer…more

False Statements, Hiring & Firing, Job Applicants, Pre-Employment Health Screenings, Seamen

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Contact

201 St. Charles Ave. 45th Floor
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