Legal Opinion
Moore-McCormack Lines, Inc. v. United States
United States Court of Claims
Decided May 13, 1966No. 286-62PublishedCited by 4 opinions
1Opinion of the CourtLaramore, Judge
In late 1942 and early 1943 the plaintiff purchased seven ships from the United States Maritime Commission.1 These ships were chartered by the United States for the duration of World War II and were returned to the plaintiff thereafter. In the immediate postwar period, ship prices declined markedly. This was the natural consequence of reduced peacetime shipping needs.2 Congress responded to the disintegrating price situation with the Merchant Ship Sales Act of 1946, ch. 82, 60 Stat. 41, as amended, 50 U.S.C. App. §§ 1735-1746 (1952 Ed.). The broad purpose of this legislation was to “foster…
2Cases cited11 opinions
- Moore v. New York Cotton ExchangeSupreme Court of the United States · 1926
- United Artists Corporation v. Masterpiece Productions, Inc., and Robert S. Benjamin, Arthur B. Krim, Seymour M. PeyserCourt of Appeals for the Second Circuit · 1955
- American Mills Co. v. American Surety Co.Supreme Court of the United States · 1922
- Waterman Steamship Corp. v. United StatesSupreme Court of the United States · 1965
- United States of America, Libelant-Appellant v. Eastport Steamship CorporationCourt of Appeals for the Second Circuit · 1958
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3Cited by4 opinions
- Employers Insurance of Wausau v. The United States, Arrowhead Timber Company v. The United StatesCourt of Appeals for the Federal Circuit · 1985
- RhoadesUnited States Court of Claims · 1980
- Kennedy v. JonesDistrict Court, E.D. Virginia · 1968
- Employers Insurance v. United StatesCourt of Appeals for the Federal Circuit · 1985