TCW Special Credits, Inc. v. F/V Kassandra Z

OPINION AND ORDER

This much-prolonged litigation commenced on July 2, 1996, with the filing of plaintiff TCW Special Credits’ (“TCW”) complaint in rem and in personam for foreclosure of preferred marine mortgages, arising out of TCW’s term loan note from the Kassandra Z Fishing Co., Inc. (“KZFC”), secured by a preferred ship mortgage on the F/V Kassandra Z (“Kassandra Z”), a vessel owned by KZFC. Plaintiffs-in-Intervention Michael Datin, et al. (“the Crew”), members of the crew of the Kassandra Z allegedly owed unpaid wages and other miscellaneous amounts for several past fishing trips, filed…