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USL CAPITAL v. NEW YORK 30

No. CV-95-10638-MEL.

975 F.Supp. 382 (1996)

USL CAPITAL, as agent for Ford Motor Credit Company successor by, merger to Ford Equipment Leasing Company, Plaintiff, and Simpson Towing & Salvage Company, Inc., Plaintiff-in-Intervention, v. The NEW YORK 30, her equipment, furniture etc., Defendant in rem.

United States District Court, D. Massachusetts.

November 15, 1996.

Attorney(s) appearing for the Case

Wilson, Elser, Moskowitz, Edelman & Dicker, (David L. Tillem, Michael L. Saltzman, Of Counsel), White Plains, NY, for Plaintiff.

Flanagan & Hunter, (Brian P. Flanagan, Of Counsel), Boston, MA, for Plaintiff-in-Intervention.

LASKER, District Judge.

On June 12, 1995, the vessel New York 30 was sold pursuant to an order of this court. The sale was the result of an action to foreclose a preferred ship's mortgage held by the Plaintiff, USL Capital, against the Defendant vessel, the New York 30, and to recover the amount due under the Mortgages against the Vessel owner, New England Marine Services (NEMS) and other defendants in personam. USL filed the foreclosure action in April, 1995. In...

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