Titan Navigation, Inc. v. Timsco, Inc., Marine Leasing, Inc. And Rhc Industries, Inc., in Re Marine Leasing, Inc.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
POLITZ, Circuit Judge:
This appeal involves the interpretation and application of Rule E(7) of the Supplemental Rules for Admiralty, in an instance in which a complainant possessed of a maritime lien secured the posting of security and, in turn, was ordered to post countersecurity for the defendant’s counterclaim. For the reasons assigned, and with the caveats noted, we affirm.
Background
In late 1982 Timsco, Inc. contracted to furnish computer hardware and software for vessels owned by Titan Navigation, Inc. Titan preferred not to purchase the systems outright, but opted to enter into a lease…
2Cases cited15 opinions
- Leather's Best, Inc., Plaintiff-Appellee-Cross v. S.S. Mormaclynx, Defendants-Appellants-AppelleesCourt of Appeals for the Second Circuit · 1971
- Washington-Southern Navigation Co. v. Baltimore & Philadelphia Steamboat Co.Supreme Court of the United States · 1924
- United States v. Isthmian Steamship Co.Supreme Court of the United States · 1959
- Seaboard & Caribbean Transport Corporation v. Hafen-Dampfschiffahrt A.G. Hapag-Hadac Seebader-DienstCourt of Appeals for the Fifth Circuit · 1964
- Bardach Iron & Steel Co. v. MorganCourt of Appeals for the Fourth Circuit · 1925
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3Cited by18 opinions
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- Result Shipping Co., Ltd. v. Ferruzzi Trading USA Inc.Court of Appeals for the Second Circuit · 1995
- Farr Man & Co., Inc. v. M/v Rozita, Etc., Appeal of Amstar Corporation, Intervening Appeal of Farr Man & Co., Inc., Amstar Corporation, Intervening v. M/v Rozita, Etc.Court of Appeals for the First Circuit · 1990
- EAST, Inc. of Stamford, Conn. v. M/V ALAIADistrict Court, E.D. Louisiana · 1987
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