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MORGAN GUAR. TRUST CO. OF N.Y. v. HELLENIC LINES

No. 83 Civ. 8560 (RWS).

38 B.R. 987 (1984)

MORGAN GUARANTY TRUST COMPANY OF NEW YORK, et al., Plaintiffs, v. HELLENIC LINES LIMITED, et al., Defendants.

United States District Court, S.D. New York.

February 23, 1984.

Attorney(s) appearing for the Case

Lord Day & Lord, New York City, for plaintiff Morgan Guar. Trust Co. of New York; John J. Loflin, Jerry E. Muntz, New York City, of counsel.

Nourse & Bowles, New York City, for plaintiff Intern. Terminal Operating Co., Inc.; John E. Bradley, David A. Nourse, New York City, of counsel.

Ober, Kaler, Grimes & Shriver, New York City, for plaintiffs CTI-Container Leasing Corp. and Transamerica ICS, Inc.; Kieron F. Quinn, John T. Ward, New York City, of counsel.

Poles, Tublin, Patestides & Stratakis, New York City, for defendant Hellenic Lines Ltd.; John G. Poles, Alan Van Praag, Peter P. McNamara, New York City, of counsel.

OPINION

SWEET, District Judge.

Two motions are before this court, both of which seek to establish the validity and priority of maritime liens asserted against certain Hellenic Lines Limited ("Hellenic") vessels and their freights.1 A number of admiralty in rem proceedings, including several now consolidated before this court,2 were pending when Hellenic filed a voluntary petition for Chapter...

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