Search for: "Kenneth L. Mayfield" Results 1 - 2 of 2
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7 Aug 2012, 3:15 pm by Law Lady
Admiralty -- Mortgages -- Preferred mortgage -- In rem admiralty action to foreclose a first preferred ship mortgage claimed by mortgagee bank on defendant vessel, which was assigned second identification number after execution of mortgage, documented under different name, and sold to third-party purchaser for value, all without notice to bank -- Third-party purchaser for value claims competing ownership interest in defendant vessel as subsequent innocent purchaser for value -- Validity of mortgage… [read post]