Jamaica Shipping Co. v. Orient Shipping Rotterdam, B.V.

This litigation concerns a dispute over which of two contracts for the carriage of goods by ship (known as “charterparties”) was assumed and assigned pursuant to a bankruptcy court sale order (“Sale Order”). The Sale Order provided for the sale of the principal asset of debtor Millenium Baltic, Inc., a ship called the Millenium Baltic (the “Vessel”), now known as the M/V Jamaica. The Jamaica Shipping Company Limited (“Jamaica”), the ultimate purchaser of the ship, brought an adversary proceeding in the bankruptcy court (the “Jamaica Adversary Action”), contending that a charterparty dated May…