Claim for lost or damaged goods transported by common air carrier arises under federal common law and gives rise to federal question jurisdiction; United Parcel Service had no liability for loss of diamond ring worth $100,000 where shipper conspicuously refused to handle items of “unusual value,” and customer falsely indicated that item was worth only $50,000 so as to coincide with maximum value that UPS would insure.
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Posted on Saturday, January 27th, 2007. Filed under: Business Law, Law Misc
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