International Seafoods of Alaska, Inc. v. Park Ventures, Inc.

GOODWIN, Circuit Judge:

Park Ventures, Inc. appeals (1) two elements totalling $32,000 of a $53,195.91 maritime lien judgment entered against the fishing vessel Donald E, and (2) the in personam judgment entered against it. We affirm in part, reverse in part, and vacate in part.

Park Ventures is a shipbuilding company with facilities in Mobile, Alabama. In 1980, it built a fishing vessel for use in the Alaska fishery and entered into a contract to sell the vessel, now known as the Donald E, to Lusk & Associates. Ken Kinsey was *753an associate in Lusk & Associates. After agreeing to buy the vessel,…