Legal Opinion

Ambassador Factors, Division Fleet Factors Corp. v. First American Bulk Carrier Corp. (In re Topgallant Lines, Inc.)

District Court, D. Georgia

Decided February 5, 1992No. Bankruptcy No. 89-41996; Adv. No. 90-4072PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM AND ORDER ON AMBASSADOR FACTORS’ SECOND AND THIRD SUPPLEMENTAL MOTIONS FOR SUMMARY JUDGMENT

LAMAR W. DAVIS, Jr., Chief Judge.

Findings of Fact

On November 22, 1985, The Connecticut National Bank, as trustee, chartered the M/V Delaware Bay, then known as the “American Ohio”, to First American Bulk Carrier Corporation (“FABC”), in accordance with two bareboat charter parties, redacted copies of which are designed Exhibit “A” and Exhibit “B” to Plaintiffs Fourth Supplement to Uncontested Material Facts, filed February 13, 1991 (Document #213).

On April 21, 1987, FABC subchartered the M/V…

2Cases cited20 opinions

  1. American Surety Co. v. Bethlehem National BankSupreme Court of the United States · 1941
  2. Schirmer Stevedoring Co., Ltd. v. Seaboard Stevedoring Corp., Brady Hamilton Stevedore Co., Williams, Dimond & Co., N. J. Goulandris, Ltd., Financiera Peruana, S.A. v. Seaboard Stevedoring Corporation, N. J. Goulandris, Ltd. v. Marine Chartering Co., Inc.Court of Appeals for the Ninth Circuit · 1962
  3. Continental Grain Company v. Federal Barge Lines, Inc., and Barge Fbl-585Court of Appeals for the Fifth Circuit · 1959
  4. Julien Andre Sasportes v. M/v Sol De Copacabana, Her Engines Etc. And Navexport, S.A., Banco De Credito Industrial, S.A., Star-Kist Foods, Inc., a Foreign Corp. v. M/v Sol De Copacabana, Her Engines, Tackle, Boilers Appurtenances, Etc., Banco De Credito Industrial, S.A., Banco De Credito Industrial, S.A. v. M/v Sol De Copacabana, Her Engines, Tackle, Etc. And Navexport, S.A.Court of Appeals for the Fifth Circuit · 1978
  5. Fisher v. Outlet Co. (In Re Denby Stores, Inc.)United States Bankruptcy Court, S.D. New York · 1988

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3Cited by2 opinions

  1. Ambassador Factors v. Rhein-, Maas-, Und See- Schiffahrtskontor GmbHCourt of Appeals for the Eleventh Circuit · 1997
  2. Matter of Topgallant Lines, Inc.United States Bankruptcy Court, S.D. Georgia · 1992

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