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PAN AMERICAN BANK OF MIAMI v. OIL SCREW DENISE

No. 79-1759 Summary Calendar.

613 F.2d 599 (1980)

PAN AMERICAN BANK OF MIAMI, Plaintiff-Appellee, and Tracor Marine, Inc., Intervening Plaintiff-Appellee, v. The OIL SCREW DENISE, her engines, etc., et al., Defendants, The OIL SCREW DENISE, her engines, etc., the OIL SCREW TAMMY W., etc., the BARGE MECI 8, her apparel, etc., the BARGE MECI 9, her apparel, etc. and Marine Exploration Company, Inc., a corporation, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

March 14, 1980.

Attorney(s) appearing for the Case

E. S. Ned Nelson, New Orleans, La., for defendants-appellants.

Rodney Earl Walton, Miami, Fla., for Pan American Bank of Miami.

Before GEE, RUBIN and POLITZ, Circuit Judges.

POLITZ, Circuit Judge:

Invoking admiralty jurisdiction the Pan American Bank of Miami (Bank) foreclosed on a first preferred ship's fleet mortgage against Marine Exploration Company, Inc. (Marine). Tracor Marine, Inc. (Tracor) intervened asserting an in rem claim for a repair bill against a Marine vessel, the Tammy W. After a bench trial the district court rendered judgment in favor of the Bank against Marine in personam and several Marine vessels...

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