Bender Shipbuilding & Repair Co. v. the Vessel Drive Ocean V

ORDER GRANTING IN PART AND DENYING IN PART MOTIONS FOR PARTIAL SUMMARY JUDGMENT; PRIORITIZING THE CLAIMANTS’ IN REM CLAIMS; GRANTING BENDER SHIPBUILDING’S MOTION FOR DEFAULT JUDGMENT AGAINST IN PERSONAM DEFENDANTS; SCHEDULING ORDER

MILLER, District Judge.

The present motion concerns the validity and priority of competing claims to approximately $1.5 million deposited with the Registry of the Court (“Fund”) as a result of the judicially ordered interlocutory sale of the vessel M/V DRIVE OCEAN V (“Vessel”). Each of the moving parties claims first priority to the Fund: Nord-landsbanken ASA…