Legal Opinion
International Paint Co. v. M/V Mission Viking
Court of Appeals for the Fifth Circuit
Decided February 19, 1981No. 79-1965PublishedCited by 19 opinions
1Opinion of the Court
GODBOLD, Circuit Judge:
This case concerns the ranking of liens on the libeled vessel Mission Viking. Manufacturers Hanover Leasing Corp. (MHLC) held a first preferred ship mortgage on the vessel. It bought the ship at foreclosure sale by bidding on the credit of its mortgage, agreeing that it would pay any claims adjudicated superior in priority. The district court held that the mortgage instrument waived MHLC’s priority to the extent of $100,000 in favor of liens arising incident to the ship’s current operations.1 The court also decided that Foods and Services, Inc. (F&S), a catering firm…
2Cases cited16 opinions
- Noritake Co., Inc. v. M/v Hellenic ChampionCourt of Appeals for the Fifth Circuit · 1980
- The John G. StevensSupreme Court of the United States · 1898
- Doucette v. VincentCourt of Appeals for the First Circuit · 1952
- Leon v. GalceranSupreme Court of the United States · 1871
- American Zinc Co. v. FosterCourt of Appeals for the Fifth Circuit · 1971
11 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Jerry Smith, Cross-Appellee v. Atlas Off-Shore Boat Service, Inc., Cross-AppellantCourt of Appeals for the Fifth Circuit · 1981
- Todd Shipyards Corp. v. Turbine Service, Inc.Court of Appeals for the Fifth Circuit · 1982
- Tramp Oil and Marine, Ltd. v. M/v "Mermaid I", Her Engines, Etc.Court of Appeals for the First Circuit · 1986
- Governor & Co. of the Bank of Scotland v. SabayCourt of Appeals for the Fifth Circuit · 2000
- Smith v. Western Offshore, Inc.District Court, E.D. Louisiana · 1984
14 more not listed; retrieve them via the Exa API.