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IN RE CHINESE MARITIME TRUST, LTD.

No. 71 Civ. 161.

361 F.Supp. 1175 (1972)

In the Matter of the Complaint of CHINESE MARITIME TRUST, LTD., as Owner of STEAMSHIP SIAN YUNG, for Exoneration from or Limitation of Liability.

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

April 28, 1972.

Attorney(s) appearing for the Case

Whitney North Seymour, Jr., U. S. Atty., by Louis Greco, Philip A. Berns, Warren A. Schneider, Frank A. Grundman, Dept. of Justice, New York City, for Panama Canal Co.

Hill Betts & Nash, New York City (David C. Wood and Mark M. Jaffe, New York City, of counsel) for Chinese Maritime Trust, Ltd.

Lord, Day & Lord, New York City (John F. O'Connell, New York City, of counsel) for Cargo claimant Republic of Vietnam.

MOTLEY, District Judge.

Memorandum Opinion

The SS SIAN YUNG sank in the Panama Canal on December 6, 1970 and has remained there ever since. Its owner, Chinese Maritime Trust, Ltd., petitioned this Court on January 12, 1971 for exoneration from or limitation of liability pursuant to 46 U.S.C. §§ 183-185, and 188 and Rule F of the Admiralty Rules. On January 18, 1971 Judge Cannella of this Court restrained the commencement or prosecution of...

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