District Court, Virgin Islands May 31, 1983, Civil No. 1982-96 (Eastern Airlines, Inc. v. Insurance Co. of North America)

CHRISTIAN, Chief Judge

MEMORANDUM OPINION

This case is before the Court on cross motions for summary judgment. Fed. R. Civ. P. 56. There appears to be no material fact in dispute and therefore the case is ripe for disposition.

*556BACKGROUND

On October 15, 1976, Eastern Airlines (Eastern) entered into a contract with ABC Services, Inc.