Wilmington Trust Co. v. M/V MISS B. HAVEN V

MEMORANDUM & ORDER

LORETTA A. PRESKA, Chief Judge:

Plaintiff, Wilmington Trust Co., seeks a final deficiency judgment against the in personam Defendant, Charles Pateman, in the wake of a judicial sale that produced insufficient proceeds to satisfy an outstanding preferred ship’s mortgage held by Plaintiff. The mortgage was on the in rem Defendant, the M/V Miss B. Haven V, for $437,425.98. The Court, Judge Robinson presiding, had entered a default judgment on June 9, 2010 in favor of Plaintiff for the amount of the lien and ordered a sale. At auction on July 16, 2010, Plaintiff bid $180,000 and…