Incas & Monterey Printing & Packaging, Ltd. v. M/V SANG JIN

JOHN R. BROWN, Circuit Judge:

This is an appeal from an order of the district court in an admiralty case requiring plaintiffs to post counter-security under Supplemental Admiralty Rule E(7), on pain of loss of its security for its original claim, which would likely destroy the in rem jurisdiction of the district court. We review the claims, vacate the district court order, and remand.

In the Beginning

The controversy1 spawning this legal action began in 1982, when plaintiffs arranged for the carriage of two consignments of paper aboard the M/V SANG JIN.2 Although the vessel was to proceed to…