Legal Opinion
Pierside Terminal Operators, Inc. v. M/V FLORIDIAN
District Court, E.D. Virginia
Decided March 25, 1974No. Civ. A. 5-73-N, 9-73-N and 176-73-NPublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM
WALTER E. HOFFMAN, District Judge.
The M/V FLORIDIAN was a containership used in trade between the United States and Puerto Rico. The vessel was owned by Containerships, Inc. and bare-boat chartered to Marine & Marketing International Corporation. Marine & Marketing became insolvent and the FLORIDIAN was thereafter sold at judicial auction. These consolidated actions are those of the numerous creditors whose claims have not been satisfied.
The in rem claims against the ship, which are now claims against the proceeds of the auction sale, far exceed the proceeds, and it is necessary to…
2Cases cited14 opinions
- Executive Jet Aviation, Inc. v. City of ClevelandSupreme Court of the United States · 1972
- The PlymouthSupreme Court of the United States · 1866
- Detroit Trust Co. v. the Thomas BarlumSupreme Court of the United States · 1934
- The John G. StevensSupreme Court of the United States · 1898
- Morse Drydock & Repair Co. v. Steamship Northern StarSupreme Court of the United States · 1926
9 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Howison v. Key Bank of Southern Maine (In Re Good Ship Appledore, Ltd.)United States Bankruptcy Court, D. Maine · 1990
- Honda v. YoshidaSuperior Court of Guam · 2012