Westinghouse Credit Corp. v. O/S DOROTHY CLAIRE on 559486

MEMORANDUM OPINION

COBB, District Judge.

This motion is before the court requesting summary judgment as to the priority of the movant’s first preferred ship mortgage on two vessels, O/S DOROTHY CLAIRE and O/S TRAVELER, including their engines, tackle, and apparel.

FACTS

On September 8, 1989, Anderson Petroleum Transportation Co., Inc., (“Anderson Petroleum”), as owner of the DOROTHY CLAIRE and TRAVELER, granted to Westinghouse Credit Corporation a first preferred ship mortgage on the whole of the DOROTHY CLAIRE and TRAVELER to secure a loan in the original principal amount of $1,709,500.00. The…