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AFRAM LINES INTERN., INC. v. M/V CAPETAN YIANNIS

No. 89-3100.

905 F.2d 347 (1990)

AFRAM LINES INTERNATIONAL, INC., Plaintiff-Appellant, v. The M/V CAPETAN YIANNIS, Engines, tackle, apparel, etc., in rem, Brotherhood Shipping Co., Ltd., in personam, Defendants-Appellees.

United States Court of Appeals, Eleventh Circuit.

June 19, 1990.

Attorney(s) appearing for the Case

Allen Von Spiegelfeld, Fowler, White, Gillen, Boggs, Villareal & Banker, P.A., Tampa, Fla., for plaintiff-appellant.

Paul D. Hardy, Tampa, Fla., for defendants-appellants.

Before KRAVITCH, Circuit Judge, RONEY, Senior Circuit Judge, and ATKINS, Senior District Judge.

ATKINS, Senior District Judge:

This is an appeal from a district court order requiring the appellant, Afram Lines International, Inc. ("Afram"), to post countersecurity pursuant to Rule E(7) of the Supplemental Rules for Certain Admiralty and Maritime Claims ("Rule E(7)"). The order required Afram to post countersecurity in the amount of $4,724,475.74. For the reasons set forth below, we hold that the district court abused its discretion in requiring Afram to post...

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