Kent Trade and Finance Inc. v. JPMorgan Chase Bank, 2008 FCA 399

In Maritime Liens, Mortgages & Priorities on (Updated )

This was a hearing to determine the priorities of various claimants to proceeds from the sale of the Lanner. The competing claimants were the mortgagee and 15 suppliers of necessaries. The suppliers, who would normally rank below the mortgagee, challenged the validity of the mortgage. Some of them argued they had maritime liens under American law and, in the alternative, …

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