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TAIWAN INTERN. LINE LTD. v. MATTHEW SHIP CHARTERING

No. 82 Civ. 2782(MP).

546 F.Supp. 826 (1982)

TAIWAN INTERNATIONAL LINE LIMITED, Plaintiff, v. MATTHEW SHIP CHARTERING LTD., MONTREAL, Defendant.

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

September 9, 1982.

Attorney(s) appearing for the Case

Dougherty, Ryan, Mahoney, Pellegrino, Giuffra & Zambito, New York City, for plaintiff by Vincent J. Barra, and John A. Ciraldo, New York City.

Hill, Betts & Nash, New York City, for intervenor Royal Bank of Canada by David I. Gilchrist, New York City, and Pierre Cote, Quebec, Canada.

Hill, Rivkins, Carey, Loesberg, O'Brien & Mulroy, New York City, for garnishee Associated Metals & Minerals Corp. by Brian M. Murphy, and Thomas D. Toy, New York City.

OPINION

MILTON POLLACK, District Judge.

This is a suit by Taiwan International Line, Ltd. ("Taiwan Line"), the owner of the M/V GLORIOUS TRADER, to recover $203,692.47 in freights and demurrage from Matthew Ship Chartering, Ltd. ("Matthew Chartering"), which hired the vessel in September 1981. The Royal Bank of Canada ("the Bank") has intervened to claim the same funds on the basis of a general assignment of receivables granted to it seven years previously...

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