Legal Opinion
Underwriters Insurance v. Offshore Marine Contractors, Inc.
District Court, E.D. Louisiana
Decided July 27, 2006No. Civil Action 04-140PublishedCited by 1 opinion
1Opinion of the Court
ORDER & REASONS
FALLON, District Judge.
Pending before the Court is Offshore Marine Contractors, Inc.’s (“Offshore Marine”) Motion for Summary Judgment (Rec.Doc.69) and Debis Financial Services, Inc.’s (“Debis”) Motion for Summary Judgment (Rec.Doc.70). For the following reasons, both motions are GRANTED.
I. BACKGROUND
In 1994, Offshore Marine Services, Inc. (“Offshore Marine”) purchased a jack-up barge named the L/B ATLAS (“the ATLAS”). After the purchase of the ATLAS, Debis provided a loan to Offshore Marine, which was secured by a mortgage on the ATLAS.
On August 10, 2000, Offshore Marine…
2Cases cited10 opinions
- Kaiser Aluminum & Chemical Sales, Inc. v. Avondale Shipyards, Inc.Court of Appeals for the Fifth Circuit · 1982
- Wilburn Boat Co. v. Fireman's Fund InsuranceSupreme Court of the United States · 1955
- Czaplicki v. the Hoegh SilvercloudSupreme Court of the United States · 1956
- Steptore v. Masco Const. Co., Inc.Supreme Court of Louisiana · 1994
- Reliance Insurance Company v. The Yacht Escapade Ex the Thor II Etc., Reliance Insurance Company v. Howard BondCourt of Appeals for the Fifth Circuit · 1960
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3Cited by1 opinion
- Carriere v. JACKSON HEWITT TAX SERVICE INC.District Court, E.D. Louisiana · 2010