Court of Appeals for the Fifth Circuit April 14, 1986, 85-3115 (Avondale Shipyards, Inc., Cross-Appellant v. Insured Lloyd's, Cross-Appellee)

GARWOOD, Circuit Judge:

Avondale Shipyards, Inc. (Avondale) brought this diversity suit against Universal Systems, - Inc. (Universal) and its insurer, Insured Lloyd’s (Lloyds), seeking contractual indemnity from Universal for sums Avondale had paid in settlement of a prior personal injury action brought against it by Frank King (King), a Universal employee who was injured while working on a ship