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IN RE MILLENIUM SEACARRIERS, INC.

Docket No. 04-0631, 04-0633.

419 F.3d 83 (2005)

In re: MILLENIUM SEACARRIERS, INC. et al., Debtor, Universal Oil Ltd, Liberian International Ship & Corporate Registry, LLC, Plaintiffs-Appellants, v. Allfirst Bank, formerly known as First National Bank of Maryland, formerly known as Wayland Investment Funds, LLC, Defendants-Appellees, Aspida Travel, Ltd, Assurance foreningen Skuld (Gjensidig)—Den Dan, Breakbulk Marine Services, Ltd., Canfornav, Ltd., The Crew of the Debtor's Vessell Det Norske Veritas Fuel and Marine Marketing, Gulf States Marine, Inc, IHI Marine Co., Ltd., Kent Trade & Finance, Maritime Transport Workers Union of Russia, Omni Navigation, Ltd., Orient Shipping, Pacnav, S.A., Pancoast Trading, S.A., Total Fina Elf Lubrifiants, S.A., Uniservice Mediterra, Praxis Energy Agents S.A., Plaintiffs. Praxis Energy Agents S.A., Plaintiff-Appellant, v. Allfirst Bank, formerly known as First National Bank of Maryland, formerly known as Wayland Investments Funds, LLC, Millenium Seacarriers, Inc., Ivy Navigation, Ltd., Millenium II, Inc., Millenium IV, Inc., Millenium V, Inc., Millenium VI, Inc., Millenium Aleksander, Inc., Millenium Amethyst, Inc., Millenium Asset Inc., Millenium Baltic, Inc., Defendants-Appellees, Aspida Travel, Ltd., Assurance foreningen Skuld (Gjensidig)—Den Dan, Breakbulk Marine Services, Ltd., Canfornav, Ltd., The Crew of the Debtor's Vessell Det Norske Veritas Fuel and Marine Marketing, Gulf States Marine, Inc, IHI Marine Co., Ltd., Kent Trade & Finance, Maritime Transport Workers, Union of Russia, Omni Navigation, Ltd., Orient Shipping, Pacnav, S.A., Pancoast Trading S.A., Total Fina Elf Lubrifiants, S.A., Uniservice Mediterra, Plaintiffs.

United States Court of Appeals, Second Circuit.

Decided: August 11, 2005.

Attorney(s) appearing for the Case

Jeremy J.O. Harwood, Healy & Baillie, LLP, New York, NY, for Plaintiffs-Appellants.

James H. Hohenstein, Holland & Knight LLP (Francesca Morris, of counsel; Anthony Princi, Orrick, Herrington & Sutcliffe LLP, on the briefs), New York, NY, for Defendants-Appellees.

Before: WINTER, SOTOMAYOR, and PARKER, Circuit Judges.

SOTOMAYOR, Circuit Judge.

Universal Oil, Ltd ("Universal"), Liberian International Ship & Corporate Registry ("LISC"), and Praxis Energy Agents S.A. ("Praxis") (collectively, "lienors") appeal from judgments of the United States District Court for the Southern District of New York (Patterson, J.), upholding grants of summary judgment by the Bankruptcy Court for the Southern District of New York (Blackshear, B.J.) in favor of the moving defendants-appellees Allfirst...

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