Commodore Holdings, Inc. v. Exxon Mobil Corp.

Appellant Anastasia Cruises, Inc. (“Anastasia”), is a debtor in bankruptcy. Esso Nederland B.V. (“Esso”) had a claim against Anastasia in the amount of $106,748.91 for marine lubricant products sold and delivered to Anastasia. Esso assigned the claim to Pied Rich B.V. (“Pied Rich”), a Dutch company, for $10,000 consideration and retained a contingency interest of $40,000 in the event Pied Rich collected $100,000.00 or more on the debt. Pied Rich then caused an arrest and hen to be placed upon a cruise ship owned by Anastasia and docked in Aruba. The ship was an asset of Anastasia’s bankruptcy…