A. L. VEVERICA, d/b/a A. L. Veverica Salvage Co., Plaintiff-Appellant,
v.
DRILL BARGE BUCCANEER NO. 7, her engines, furniture, tackle, apparel, etc., In Rem, and Jerry D. Ward, d/b/a Buccaneer Drilling Company, In Personam, Defendants-Appellees,
American Bank & Trust Co. of Lafayette et al., Intervenors-Appellees.
United States Court of Appeals, Fifth Circuit.https://leagle.com/images/logo.png
January 25, 1974.
Rehearing Denied February 22, 1974.
Attorney(s) appearing for the Case
James L. Wheeler, New Orleans, La., for plaintiff-appellant.
Jim Ortego, New Orleans, La., for Jerry Ward.
W. Gerald Gaudet, Lafayette, La., H. Barton Williams, Overton T. Harrington, Jr., New Orleans, La., for American Bank & Trust.
Roger I. Dallam, Gretna, La., for Independent Towing.
N. B. Barkley, Jr., W. J. Larzelere, Jr., Terrence C. Forstall, New Orleans, La., for Hunt Tool Co.
Alvin W. La Coste, New Orleans, La., for M & L Boat, T & L Boat, Guidry Enterprises, Galliano Towing, Les-Tie, TBS Towing, and Independent Towing.
William S. Stone, New Orleans, La., John W. Hutchinson, Lafayette, La., Ronald J. Rakosky, New Orleans, La., for Drill Barge Buccaneer No. 7 and Jerry D. Ward.
Before BELL, COLEMAN and RONEY, Circuit Judges.
United States Court of Appeals, Fifth Circuit.
BELL, Circuit Judge:
This appeal involves the validity and ranking of claims on sale proceeds of a vessel seized in rem. Under the lower court's judgment there would remain for the owner,1 after payment of costs and lien claims deemed valid, about $17,000 of the $50,000 proceeds. We affirm in part and reverse in part, ruling that appellant, a contract salvor who has lost his maritime lien, may...
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