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PHOENIX BULK CARRIERS v. AMERICA METALS TRADING

No. 10 Civ. 2963(NRB).

742 F.Supp.2d 486 (2010)

PHOENIX BULK CARRIERS, LTD., Plaintiff, v. AMERICA METALS TRADING, LLP, Defendant.

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

October 5, 2010.

Attorney(s) appearing for the Case

Peter J. Gutowski, Edward J. Carlson, Freehill, Hogan & Mahar, LLP, New York, NY, for Plaintiff.

Patrick F. Lennon, Esq., Lennon, Murphy & Lennon, LLC, New York, NY, for Defendant.

MEMORANDUM AND ORDER

NAOMI REICE BUCHWALD, District Judge.

On April 12, 2010, plaintiff Phoenix Bulk Carriers, Ltd. ("plaintiff") was granted an order of attachment in the amount of $830,142.45, pursuant to Rule B of the Supplemental Rules for Admiralty or Maritime Claims ("Supplemental Rules"). Subsequently, defendant America Metals Trading LLP ("defendant") posted security in the above-mentioned amount. Defendant now moves pursuant to Supplemental Rule...

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