Legal Opinion
C.I.T. Corp. v. M/V Winchester
District Court, E.D. Virginia
Decided September 18, 1986No. Civ. A. No. 85-270-NPublishedCited by 2 opinions
1Opinion of the Court
ORDER
CLARKE, District Judge.
The issue to be decided in this case is whether a preferred fleet mortgage, which incorporates prior mortgage debts held on the vessels as well as a substantial new indebtedness, constitutes a maritime lien superior to that of repairmen and suppliers servicing the vessels in the period of time between the recording of the mortgages on the individual vessels and the recording of the fleet mortgage. The parties have submitted a stipulation of facts, numerous briefs and discovery documents to the Court. They have waived their right to present evidence at trial.
This…
2Cases cited5 opinions
- Merchants & Marine Bank v. The Fishing Vessel T. E. Welles, Etc.Court of Appeals for the Fifth Circuit · 1961
- Jones v. CurtissWashington Supreme Court · 1944
- Avondale Shipyards, Inc. v. Tank Barge Ets 2303Court of Appeals for the Fifth Circuit · 1985
- Marine Mart, Inc. v. The O/S Miss Darla DawnDistrict Court, S.D. Texas · 1967
- Southern Reef Fisheries v. O/S Broadfire LeaderCourt of Appeals for the Eleventh Circuit · 1986
3Cited by2 opinions
- Bank of America, NT & SA v. PengwinCourt of Appeals for the Ninth Circuit · 1999
- 99 Cal. Daily Op. Serv. 2707, 1999 Daily Journal D.A.R. 3527Court of Appeals for the Ninth Circuit · 1999