Introducing ATLASLearn more
Legal Opinion

Saipan Construction & Salvage, Inc. v. M/V "Saipan Lady"

District Court, Northern Mariana Islands

Decided November 15, 1983No. CIVIL ACTION NO. 82-0046Published

1Opinion of the Court

DECISION

DECISION.The facts of this case comprise another chapter in the troubled saga of the M/V Saipan Lady, a 115 foot motorized ketch of wooden construction weighing approximately 85 tons.1/

*834The ship was purchased in 1981 as pare of a business venture wherein the ship would be used as a floating restaurant operating in and .around the waters of Saipan. For various reasons, the venture failed. In a contract action by Falstrom, an investor of the ill-fated enterprise, against, among others, Saipan Sailing Cruises (SSC), the alleged alter ego of a co-venturer, the Court ordered the public sale…

2Cases cited16 opinions

  1. Shuttlesworth v. City of BirminghamSupreme Court of the United States · 1969
  2. In Re SawyerSupreme Court of the United States · 1888
  3. Elliott v. Lessee of PeirsolSupreme Court of the United States · 1828
  4. The BelfastSupreme Court of the United States · 1869
  5. Knapp, Stout & Co. v. McCaffreySupreme Court of the United States · 1900

11 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

View API DocsGet API Key

Powered by the Exa API