Legal Opinion

Chase Manhattan Financial Services, Inc. v. McMillian

Court of Appeals for the Tenth Circuit

Decided February 14, 1990No. 88-1832PublishedCited by 7 opinions

1Opinion of the Court

TACHA, Circuit Judge.

This appeal is from an order of the district court granting priority to the claim of Chase Manhattan Financial Services, Inc. (Chase), as the holder of a preferred ship mortgage in the vessel Patriot. The appellants and competing claimants to the proceeds from the sale of the Patriot are the landlord of the boatyard and the suppliers of the raw materials and labor used to construct the Patriot. The appellants attack on various grounds the validity of Chase’s preferred ship mortgage, and contend that, even if Chase has a valid preferred ship mortgage, their state statutory…

2Cases cited23 opinions

  1. East River Steamship Corp. v. Transamerica Delaval Inc.Supreme Court of the United States · 1986
  2. Kossick v. United Fruit Co.Supreme Court of the United States · 1961
  3. North Pacific Steamship Co. v. Hall Bros. Marine Railway & Shipbuilding Co.Supreme Court of the United States · 1919
  4. Edwards v. ElliottSupreme Court of the United States · 1874
  5. People's Ferry Company of Boston v. BeersSupreme Court of the United States · 1858

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3Cited by7 opinions

  1. Magallanes Investment, Inc. v. Circuit Systems, Inc.Court of Appeals for the Seventh Circuit · 1993
  2. 4 H Construction Corp. v. Superior Boat Works, Inc.District Court, N.D. Mississippi · 2009
  3. Branch Banking & Trust Co. v. M/Y BeowulfDistrict Court, S.D. Florida · 2012
  4. Atlantic Specialty Insurance Company v. Caterpillar, Inc.District Court, E.D. Louisiana · 2021
  5. Chase Manhattan Financial Services, Inc., Doing Business as Chase Manhattan of Oklahoma, a Delaware Corporation v. David J. McMillian in Personam Ruby Walters Wagoner Lumber Company Inc., an Oklahoma Corporation Leroy Smith, Doing Business as Circle L. Cabinet Shop Patriot, Her Engines, Tackle, Apparel, Etc., in Rem, Virgil Walters, Defendant-Third-Party-Plaintiff-Appellant v. Oklahoma Houseboat Manufacturers, Inc., Third-Party-Defendant, Appeal of P & H Supply Muskogee Metal Fabricators Inc., Claimants-AppellantsCourt of Appeals for the Third Circuit · 1990

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