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FIRST FEDERAL SAV. F.S.B. v. M/Y SWEET RETREAT

Civ. A. No. 91-0057/L.

844 F.Supp. 99 (1994)

FIRST FEDERAL SAVINGS F.S.B., Plaintiff, v. M/Y SWEET RETREAT, her engines, tackle, appurtenances, etc. in rem; U.S. Advertising, Inc. and John G. Laramee, in personam, Defendants.

United States District Court, D. Rhode Island.

February 23, 1994.

Attorney(s) appearing for the Case

Stephen P. Sheehan, Wistow & Barylick Inc., Providence, RI, for plaintiff.

Michele A. Theroux, McGovern, Noel & Benik, Providence, RI, for defendants.

MEMORANDUM AND ORDER

LAGUEUX, Chief Judge.

This matter is before the Court on cross motions for summary judgment pursuant to Rule 56 of the Federal Rules of Civil Procedure. Plaintiff, First Federal Savings F.S.B. ("First Federal"), and defendant, John G. Laramee, seek differing interpretations of the Ship Mortgage Act, 46 U.S.C. §§ 31301-31343 ("the Act").

This action was initially brought to obtain a court ordered foreclosure sale...

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