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MOBIL SALES AND SUPPLY CORP. v. PANAMAX VENUS

No. 85-6499.

804 F.2d 541 (1986)

MOBIL SALES AND SUPPLY CORPORATION and Mobil Oil Corporation, Plaintiffs-Appellants, v. The Vessel PANAMAX VENUS, and her engines, tackle, apparel, equipment and appurtenances, in rem; Alexandra Navigation Corp., Ltd.; Eddie's Steamship Company, Ltd.; and Eddies Shipping Agency, Inc., in personam, Defendants-Appellees. The CHASE MANHATTAN BANK (NATIONAL ASSOCIATION) as Mortgagee, Plaintiff-in-Intervention-Appellee, v. PANAMAX VENUS, her engines, tackle, furniture, apparel, appurtenances, etc., in rem; and Alexandra Navigation Corporation, Ltd., in personam, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided November 12, 1986.

Attorney(s) appearing for the Case

Alfred E. Yudes, Jr., Burlingham Underwood & Lord, New York City, Erich Wise, Graham & James, Long Beach, Cal., for plaintiffs-appellants.

Alan Nakazawa, Lillick, McHose & Charles, Los Angeles, Cal., for defendants-appellees.

Before GOODWIN, WALLACE and ANDERSON, Circuit Judges.

WALLACE, Circuit Judge:

Mobil Oil Corporation (Mobil Oil) and Mobil Sales and Supply Corporation (Mobil Sales) appeal from a judgment and order for disbursement of funds entered by the district court. They challenge subordination of their maritime liens to the preferred ship mortgage of Chase Manhattan Bank (Chase). We have jurisdiction pursuant to 28 U.S.C. § 1291, and we affirm.

I

The M/V Panamax Venus was a Liberian flag vessel owned by Alexandra...

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