Legal Opinion

Gray, Cary, Ames & Frye v. HGN Corp.

High Court of American Samoa

Decided October 23, 1987No. AP No. 1-87; AP No. 4-87Published

1Opinion of the Court

Per O’SCANNLAIN, J.:

Gray, Cary, Ames & Frye ("Gray-Cary") and certain crew members of the M/V Coinseco Alfa ("Alfa") bring appeals from orders of the Trial Division in favor of appellees arising out of foreclosure of various maritime liens against the Alfa in the High Court.

FACTS

In late 1982 HGN advanced $7 million to Pacific Tuna Corporation ("PTC"). The loan was secured by a preferred mortgage on four tuna boats *67owned by PTC including the Alfa. PTC defaulted in March' 1983 and HGN thereupon brought this ship’s libel action and secured the arrest of the Alfa by the Marshal for the High Court…

2Cases cited15 opinions

  1. Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
  2. New York Dock Co. v. Steamship PoznanSupreme Court of the United States · 1927
  3. Collie v. FergussonSupreme Court of the United States · 1930
  4. Fred I. Putnam and James A. Overman v. Harry C. Lower, John Kadlec, George S. Herning, Edgar L. Peecher, William E. Barquist and Norman L. BunkerCourt of Appeals for the Ninth Circuit · 1956
  5. Carbone v. Ursich the Del RioCourt of Appeals for the Ninth Circuit · 1953

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