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IN RE COMPLAINT OF HOLLY MARINE TOWING, INC.

No. 01-1499.

270 F.3d 1086 (2001)

In re COMPLAINT OF HOLLY MARINE TOWING, INC., owner of the Barge HMT 7, for exoneration from or limitation of liability, Plaintiff-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided October 26, 2001.

Attorney(s) appearing for the Case

Dennis Minichello (argued), Marwedel, Minichello & Reeb, Chicago, IL, for plaintiff-appellant Holly Marine Towing, Inc.

John J. Reidy, Ruff, Weidenaar & Reidy, Chicago, IL, for claimant-appellee Lonny Staal.

Philip H. Corboy (argued), Corboy & Demetrio, Chicago, IL, for claimant-appellee Jeanne Gindl.

Before POSNER, RIPPLE, and KANNE, Circuit Judges.

POSNER, Circuit Judge.

The Limitation of Shipowners' Liability Act, 46 U.S.C. §§ 183-189, limits, with irrelevant exceptions, the liability of a shipowner sued in tort to his investment in the ship and its freight, and establishes a procedure for obtaining and enforcing the limitation. 46 U.S.C. §§ 183(a), 185. This limitation of liability, the purpose of which is to subsidize the U.S. merchant marine, Grant Gilmore & Charles L. Black, Jr....

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