ORDER DENYING MOTIONS FOR SUMMARY JUDGMENT
KENT, District Judge.
In February of 1999, pursuant to order of this Court, a United States Marshal conducted a public sale of Defendant's drilling rig. The rig was sold for $1,000,000 to Plaintiff Enserco, L.L.C., the holder of a Preferred Ship Mortgage on the rig and the sole bidder at the sale. The Court subsequently confirmed the sale. Now before the Court are Plaintiff and Defendant's rival Motions for Summary...
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