Roy Anderson Corp. v. Treasure Bay Gaming & Resorts, Inc. (In Re Treasure Bay Corp.)

MEMORANDUM OPINION

JERRY A. BROWN, Bankruptcy Judge.

The motion of Roy Anderson Corporation (“Anderson”) for summary judgment (PI. 3) and the objection and cross-motion for summary judgment of First Trust National Association (“First Trust”), as indenture trustee (PI. 41), raises the question of whether two dockside gambling casinos are “vessels” for purposes of the Ship Mortgage Act, 46 U.S.C. § 31301 et seq.

For the following reasons, the court holds that they are not. 1

I.Factual Background

The parties are not in disagreement as to the basic, relevant facts concerning the two gambling casinos…