Maritim Liens and Th Creation a D E Nforcement

Total Page:16

File Type:pdf, Size:1020Kb

Maritim Liens and Th Creation a D E Nforcement Maritim Liens and th Creation a d E nforcement Texas ARM U niversit ' y Sea Grant Colleo ege Program Maritime Liens and the Law: Creation and Enforcement by Dan H. Hinds Michael A. Orlando Maritimeliens are difFerent from liens on other prop- onlyby an admiral tycourt that has secured jurisdiction erty,and thiscancause a greatdeal of confusionon the overthe vessel by seizingit. Thereis no othermeans of partof peoplein themarine business, A maritime lien enforcement. isa lienenforced by a court of admiralty,whichin this countryis the fcdcral court system. Mari time liens arise I rel etred .'iltlp II !. i~~ac' act out of maritime transactions and maritime accidents and Maritime Licrts which arc within the admiralty jurisdiction of the United States district courts. Thconly maritimelien establishedby statutei> a Basicaliy,such liens ari sc from the following: preferredship mortgage. Prior lo the enactmentof the Seamen'sliens for wages,and maintenance and PreferredShip Mortgage Act, ship rnortgageswerc cure, virtuallyworthless, as the courts held that a mortgage / Salvageliens. on a vesseldid not constitute a maritime lien, and the Tort liens,which are liens for damages resulting lender accordingly carneafter all tnaritime lienholders frommaritime accidents such as collision, per- on a foreclosure.Under the current act, a preferred sonalinjury, death, and loss of, or damageto, mortgagemay be placed on any documentedU.S. cargo. vesselother than certain vessels of lessthan 25 gross Preferredshipmortgages recorded with thc U.S. tons. A documented vessel is a vessel for which a CoastGuard under the U.S.Preferred Ship documentis issuedby the UnitedStates Coast Guard MortgageAct. underthe!awsof the United States secspecialsection!. Liensfor the necessaries furnished to thc vessel, Underthe act, a preferrcxttnortgage isa maritime suchas repairs, fuel, food,etc, lienon the mortgaged vessel which may be enforced by anadmiralty suit against the vessel, and personally HowAre Maritime Liens Different? againstthe owner for any deficiency. Themaritime lien does not depend oneitherno tice or Thestatutory mortgage is classified asa preferred possession.lnfact, uriless there isa preferredship mortgagebecause of thepriority given the lien it cre- mortgageon the vessel, no notice of maritimeliens can ates.tt haspriority over all claimsagainst the vessel, berecorded. ThePreferred ShipMortgage Actpro- exceptfor certainpreferred maritime liens plus the videsthat, where there isa preferredshipmortgage of expenses,feesand costs ofthe Foreclosure proceedings record,notice of mari time liens may bc filed of record, allowedby thecourt. lf thereis no preferred mortgage ofrecord, there isno Theliens which the act designates ashaving a prior- provisionfor the recording ofsuch liens or notices of ity overa preferredmortgage include; them,and the U.S. Coast Guard refuses torecord thorn. / Liens arisingprior to therecording, of themort- Thefact that no notice isnccessary forthecxistenceof gage. a maritimelienis extremely important toanyone desir- Liensfor damagesarising out of tort for acci- ingtopurchase anexisting vesselthat has been operat- dentssuch as col tisions and personal injuries!, ingfor any appreciable periodof time, and iti s also of Liensfor wagesfor thccrew of thevessel, and primaryimportance toany lender who desires tomake maintenance and cure. aloan on such avessel. Thebuyer must becautious ol' Generalaverage and salvage claims. priorunrecorded liens.Unless theseller isunques- Theformal requirements ofthe Preferred Mortgage tionablyfinancially abletoback upits warranty against Actmust be strictly complied with for the mortgage to maritimeliens, the purchaser should have a searchbcvalid. It mustbe recorded in thc Office of Documen- madeastothcexistenceoFpnor liensas to the I ~ tationnnf the Coast Guard, and must be endorsed on the oFthe seller and prior owners and the amount of vessel'sdocument see special section>, insurancecoverage carried byeach, lf he docs not, he ln orderto bc recorded,it must be properly exe- maybepaying offliens incurred bythe seller and/or cutedand acknowledged, anci the mortgagee must file previous owners. anoath as to hiscitizenship. The mortgagee must be a Anothermajor diFference betwee U.S. citizen,! andother liens is that maritime lienseen m a maritime lien The preferredship mortgageis of assistanceto i nsmay be enforced vesselowners, Prior to the enactmentof the Preferred MortgageAct it w asdiFficult, if not impossible,for a ~ Ship's husband vesselox< ner tn obtainfinancing. With thesecurity now ~ Master affordedby the act,tinancing i seasier to obtain. ~ Any personto whom the managementof the vessel While the act is a boon to the vessel owner and at the port of supply is entrusted lendinginstitutions, it is oftena snarefor thesupplier. Section973 provides that the persons named in Sec- Many suppliers of American vessels have been cut off tion972 shall be taken to include those appointed by a by the foreclosureof a prior preferred maritime mort- charterer,or byan agreedpurchaser in possessionof' gagethat exceededthe proceedsfrom the vessel'ssale. thc vessel. Before the 'l97] amendment, Section 973 provided furlher that no lien was conferred when the Notice of Clairrt furnisher"knew, or by exercise of reasonablediligence As previously noted,under Section 925 of the Pre- could have ascertained that because of the terms of a ferredShip MortgageAct, any personmay record a charterparty, agreement for sa]e,or any otherreason, noticeof hisclaim of lienupon any vessel covered by a theperson was without authorityto bindthe vessel." preferredmortgage. The notice must be in writing, Thelatter section was struck by theamendment in an properly execute, datedand acknowledged,and effortto aid thesupplier. However, Grant Gi Imnre and should statethe natureof the claimed lien, thedate of CharlesL, Black,in theirbook on admiralty,express its creation, the amount of the lien, and the name and theiropinion that despite the amendment, "I f underall addressof the personclaiming it. The filing of such the circumstances he [the materialman! has reason to notice is with the Coast Guard Office of Vessel Docu- know thatthe ship is charteredand makesno further rnentationwhere the vessel is documented see special inquiry, a prohibition of lien clauseshould be effective section!.This filing does not establish the lien. againsl him." Uponfiling a notice of a claimedlien, do not expect The U.S. District Courts that have considered prompt payment.Do not call the CoastGuard and ask Gilmore'sand Black's opinion have for themost part whenpayment will bereceived. Filing does not prove rejectedit andhave logically held thatthe amendrncnt up the lien and the Coast Guard does not act as a gives the suppliera lien unless he had "actualknowl- collection agency. edgethat the vesselwas operatingunder a charter Thisnotice is helpful, however, in threerespects: I! which containeda no-lien provision." However,the It givesnotice of theclaimed lien to a prospective EleventhCircuit Court of Appeals hasupheld enf'orce- purchaseror lender, either of whommay require pay- mentof a no-lienclause despite the fact that the sup- mentin full ax<ore purchasing orlending, ! Asit gives plierdenied any knowledge of this clause.The court noticeof theclaimed lien, the lien is lesslikely to be held that his lien was barred because he knew the vessel barredby time throughthe doctrine of laches,! If wasunder charter and that the agent ordering supplies foreclosureof a preferredmortgage is sought,the represented the charterer and not the vesselowner. ho]derof the mortgage is requiredby Section951 of the Thisopinion failsto follow the statutorypresump- PreferredMortgage Act to giveactual notice of thesuit tion thata chartererhas auth ori ty tocrea te liens agai nst to any person who has filed a notice of lien, If notice of the vesseland, in effect,puts a burdenon thesupplier the lien is not filed of record, the lienholderis not to inquire as to whether the charter contains a no-lien entitled to personalnotice of the foreclosuresuit. dause if he knows that the vessel is under charter and As notedearlier, if thevessel has no preferred that the person ordering the suppliesis agent Forthe mortgage, no notice of lien claim can be filed of record. charterer. Most of the lower U.S. courts to date have held to the contrary, The U.S.Supreme Court has not ChartersMay Attempt to ExclttdeLiens passedon this question to date. In view of the u nset tied Oneof the pitfallsthat faces persons furnishing stateof the law, if a supplier knows that the vesselis necessariesto a vesselis theoperation of vesselsunder under charter,he should inquire as to whetherthe charterswhich prohibit the incurrence of liensby the charter contains a no-lien clause if he wants to be certain charterer,Many chartersprovide that the charterer thathe is protected. rnaynotcreateliensagainst thevessel exceptforcrews' The supplier also must be aware that if a person wagesand salvage.Before the 1971amendments, the ordering the supplies is not a personwho is presumed courtsheld that underthe act the supplierhad an to have authority to do so under Sections972 and 973, affirmative duty to inquireasto whether the vesselwas that no presumption of authority arisesand that actual undercharter with a prohibitionof lienclause. If the authority to bind the vesselmust exist fc r a maritime supplierdid not inquire and the charter prohibited the lien to arise, incurrence of liens, he did not obtain a lien. A vessel owner who lets his
Recommended publications
  • A Review of the Preferred Ship Mortgage
    Fordham Law Review Volume 31 Issue 2 Article 1 1962 Security at Sea: A Review of the Preferred Ship Mortgage Richard Gyory Follow this and additional works at: https://ir.lawnet.fordham.edu/flr Part of the Law Commons Recommended Citation Richard Gyory, Security at Sea: A Review of the Preferred Ship Mortgage, 31 Fordham L. Rev. 231 (1962). Available at: https://ir.lawnet.fordham.edu/flr/vol31/iss2/1 This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Fordham Law Review by an authorized editor of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact [email protected]. Security at Sea: A Review of the Preferred Ship Mortgage Cover Page Footnote The author wishes to acknowledge the helpful suggestions of Martin Gold, Esq. and Lloyd Reed, Esq. of the New York Bar. *Member of the New York Bar This article is available in Fordham Law Review: https://ir.lawnet.fordham.edu/flr/vol31/iss2/1 SECURITY AT SEA: A REVIEW OF THE PREFERRED SHIP MORTGAGEt RICHARD GYORY* IN JU TE 1920, Congress climaxed a burst of legislative activity directed to the Merchant Marine by passing the Ship Mortgage Act.' Its purpose was to furnish realistic financing for the maritime field, and to help the Government dispose of three billion dollars' worth of tonnage acquired during World War I.2 Entering its fifth decade, the preferred ship mortgage is the subject of extensive economic activity on the part of the Government and pri- vate investors.3 At the same time, the preferred ship mortgage is under- going the most intense litigational period in its history." This litigation I The author wishes to acknowledge the helpful suggestions of Martin Gold, Esq.
    [Show full text]
  • Duties Owed by Mortgagees of Ships When Exercising Their “Power of Sale” September 2018
    BRIEFING DUTIES OWED BY MORTGAGEES OF SHIPS WHEN EXERCISING THEIR “POWER OF SALE” SEPTEMBER 2018 ● ENGLISH ADMIRALTY COURT SUMMARISES MORTGAGEE’S DUTIES UNDER ENGLISH LAW ON SALE OF A SHIP ● LIBERIAN AND MARSHALL ISLANDS FLAG SHIPS WILL LOOK TO US LAW AND UNIFORM COMMERCIAL CODE ● BEST GUIDANCE OF MARKET VALUE IS EVIDENCE OF ACTUAL SALES OF SIMILAR VESSELS In the recent case of Close Brothers v (1) AIS (Marine) 2 Limited and (2) Paul Chandler1, the English Admiralty Court has reviewed and provided a helpful summary of a mortgagee’s duties under English law on sale of a ship. The decision is a useful reminder that a mortgagee will need to consider more than its own interests in such a situation. Background Ship mortgages registered in many flag states (including the UK, Singapore, Hong “‘SELF-HELP’ REMEDIES, Kong, Gibraltar, Cyprus, Malta, the Marshall Islands and Liberia) entitle the MAY GIVE MUCH QUICKER mortgagee, when the mortgage becomes enforceable to sell the mortgaged ship by using its ‘power of sale’ in the mortgage and/or its appointment as the owner’s AND MORE COST- attorney under the general power of attorney granted in the mortgage. These rights, EFFECTIVE RELIEF THAN sometimes known as ‘self-help’ remedies, may give much quicker and more cost- FORMAL COURT ARREST effective relief than formal court arrest and sale processes, which can take many months or even years in some parts of the world. AND SALE PROCESSES.” A mortgagee who enforces its security by exercising its ‘power of sale’ must not, however, overlook its defaulting owner’s interest in the ship, sometimes called the ‘equity of redemption’, when concluding such a sale.
    [Show full text]
  • 1963 REGISTRATION of SHIPS UNDER CONSTRUCTION 2 .Pdf 195.65 KB
    (iNTERNATIONALMARITIME COMMITTEE J International Subcommittee on REGISTRATION OF SHIPS UNDER CONSTRUCTION 2. REPLIES TO QUESTIONNAIRE ITALY RSC 4 SWEDEN RSC 5 DENMARK RSC 6 NETHERLANDS RSC 7 GERMANY RSC8 FEBRUARY 1963 RSC -4 11 - 62 ITALIAN MARITIME LAW ASSOCIATION REGISTRATION OF SHIPS UNDER CONSTRUCTION REPLY TO THE QUESTIONNAIRE I. The questionnaire. Registration of ships under construction in an official register is compulsory in Italy, pursuant to article 233 of the navigation code which reads as follows 233. (Declaration of construction). Whoever undertakes the con- struction of a vessel or craft shall previously file with the competent office of the place where the construction of the hull is going to be carried out a declaration thereof indicating the yard and the factory where the hull and the propelling machinery will be constructed. and the names of the persons who will be in charge of such construction. The office shall register such declaration in the register of ships under construction. The changement of the persons in charge of the constructions shall likewise be notified to the office and endorsed on the registrar. Registration of ships under construction must be effected, as stated in article 233 of the navigation code, prior to the commencement of the construction. The following instruments may be registered, when they refer to ships under construction: Shipbuilding contracts (article 238 of the navigation code). Contracts of sale (art. 2684 n. i of the civil code). Contracts which constitute or modify rights of usufruct or of use on a ship or which transfer such rights (article 2684 n. 2 of the civil code).
    [Show full text]
  • A Study of American Merchant Marine Legislation Clarence G
    A STUDY OF AMERICAN MERCHANT MARINE LEGISLATION CLARENCE G. MORSE* The main body of our national merchant marine legislation is found in the Merchant Marine Act of 1936, as amended.' However, that Act was preceded by other acts, some of whose provisions are still in effect as important parts of our merchant marine policy. THE FIRST COMPREHENSIVE PROGRAI-TE SHIPPING AcT OF 1916, AS AM'[NDD The Shipping Act of 1916,2 was designed to secure an American merchant marine which would be adequate for the needs of our national defense and our commerce, and to regulate competitive practices in ocean shipping for the protection of shippers, importers, exporters, carriers, and the public. The United States Shipping Board set up by the Act was authorized, with the approval of the President,' to have constructed and equipped in American shipyards and navy yards or elsewhere, giving preference, other things being equal, to domestic yards, or to purchase, lease, or charter, vessels suitable, as far as the commercial requirements of the marine trade of the United States may permit, for use as naval auxiliaries or Army transports, or for other naval or military purposes, and to make necessary repairs on and alterations of such vessels. The Board was further authorized, if unable to charter, lease, or sell to American citi- zens these and other vessels acquired by it, to form a corporation "for the purchase, construction, equipment, lease, charter, maintenance, and operation of merchant ves- 4 sels in the commerce of the United States."1 Another important feature of the Shipping Act of 1916 is its regulatory pro- visions, 5 which are operative today and are exercised by the Federal Maritime Board.
    [Show full text]
  • 2019 Marshall Islands
    Ship Finance 2019 Ship Finance Ship Finance 2019 Contributing editor Lawrence Rutkowski © Law Business Research 2019 Publisher Tom Barnes [email protected] Subscriptions Claire Bagnall Ship Finance [email protected] Senior business development managers Adam Sargent 2019 [email protected] Dan White [email protected] Contributing editor Published by Law Business Research Ltd Lawrence Rutkowski 87 Lancaster Road Seward & Kissel LLP London, W11 1QQ, UK Tel: +44 20 3780 4147 Fax: +44 20 7229 6910 The information provided in this publication is general and may not apply in a specific Lexology Getting The Deal Through is delighted to publish the sixth edition of Ship Finance, which situation. Legal advice should always is available in print and online at www.lexology.com/gtdt. be sought before taking any legal action Lexology Getting The Deal Through provides international expert analysis in key areas of based on the information provided. This law, practice and regulation for corporate counsel, cross-border legal practitioners, and company information is not intended to create, nor directors and officers. does receipt of it constitute, a lawyer– Throughout this edition, and following the unique Lexology Getting The Deal Through format, client relationship. The publishers and the same key questions are answered by leading practitioners in each of the jurisdictions featured. authors accept no responsibility for any Our coverage this year includes a new chapter on Switzerland. acts or omissions contained herein. The information provided was verified between Lexology Getting The Deal Through titles are published annually in print. Please ensure you May and June 2019.
    [Show full text]
  • Maritime Attachment and Vessel Arrest in the US
    View the online version at http://us.practicallaw.com/w-001-8160 Maritime Attachment and Vessel Arrest in the US BRUCE PAULSEN AND JEFFREY DINE, SEWARD & KISSEL LLP, WITH PRACTICAL LAW LITIGATION A Practice Note on attaching and arresting Rule C is used to enforce a maritime lien or certain statutory rights against a vessel or other property in rem. Under Rule C, vessels and other property in the US. the property of the defendant that is subject to a maritime lien is Specifically, this Note explains the grounds for subject to arrest regardless of whether the defendant can be found in the district. Sister or associated ship arrest is not available. attachment and arrest under the Supplemental Federal statutes exempt vessels and other property owned or Rules for Admiralty or Maritime Claims and operated by or for the US or a federally owned corporation from arrest. They also limit the circumstances under which vessels Asset Forfeiture Actions of the Federal Rules of or property of foreign states is subject to arrest or attachment Civil Procedure, the procedure for obtaining an (46 U.S.C. § 30908; 28 U.S.C. § 1605). order of attachment and the arrest of vessels. When a Claimant May Obtain an Order of Maritime Attachment or Arrest Ships are by their nature transitory property. and shipowners are Under Rule B, a claimant must have a prima facie valid maritime located worldwide. The laws of the US and other nations recognize claim against a defendant not present in the district for jurisdictional that enforcement of judgments against shipowners, the enforcement or service of process purposes.
    [Show full text]
  • Article 9 and Security Interests in Instruments, Documents of Title and Goods EUGENE H
    Article 9 and Security Interests In Instruments, Documents of Title and Goods EUGENE H. FREEDHmI* A-zm EI GOLDSTON** INTRODUCTION AND DEFINITIONS A previous paper has compared the provisions of Article 9 of the Uniform Commercial Code (hereinafter called the "Code") with existing Ohio law relating to security interests in accounts, contract rights, and chattel paper.1 This paper continues the com- parison with respect to (a) the remaining two subclassifications of intangible personal property (i.e., "documents of title" and "instru- ments") and (b) tangible personal property (called "goods" by the Code and subclassified into "inventory," "equipment," "consumer goods" and "farm products"). The reader is referred to the previous paper for an introduction to Article 9 and a discussion of its major policies; this paper will be concerned with detail rather than with perspective. The Code in § 1-201 (15) defines "document of title" as includ- ing a "bill of lading, dock warrant, dock receipt, warehouse receipt or order for the delivery of goods, and also any other document which in the current course of business or financing is treated as adequately evidencing that the person in possession of it is entitled to receive, hold and dispose of the document and the goods it covers. To be a document of title a document must purport to be issued by or addressed to a bailee and purport to cover goods in the bailee's possession which are either identified or are fungible por- tions of an identified mass." This is substantially the same defini- tion used in the Uniform Sales Act and in Omo REV.
    [Show full text]
  • Tulane Law Review 1054 May 2017 Pages Tln91-5 Cv Tln91-5 Cv 4/26/2017 12:32 PM Page 2 TULANE LAW REVIEW VOLUME 91 MAY 2017 NO
    tln91-5_cv_tln91-5_cv 4/26/2017 12:32 PM Page 2 Vo l . 9 1 , N o . 5 Tulane Law Review Devoted to the Civil Law, Comparative Law, and Admiralty Law Tulane Law Review SYMPOSIUM: GOLDEN RULES: TULANE ADMIRALTY LAW INSTITUTE AND MARITIME LAW ASSOCIATION’S 50-YEAR REUNION A FIFTY YEAR RETROSPECTIVE ON THE AMERICAN LAW OF MARINE INSURANCE Harold K. Watson GILDING THE LILY: THE GENESIS OF THE LONGSHOREMEN’S AND HARBOR WORKERS’ COMPENSATION ACT IN 1927, THE 1972 Kathleen Krail Charvet AMENDMENTS, THE 1984 AMENDMENTS, Heather W. Angelico AND THE EXTENSION ACTS Michael T. Amy THE LAW IN THE UNITED STATES OF MARITIME PERSONAL INJURY AND DEATH SINCE LeRoy Lambert 1981: AN UPDATE Rebecca Hamra THE LAST HALF CENTURY OF FINANCING VESSELS Francis X. Nolan, III Pages THE FIFTY YEAR WAYPOINT: COLLISION, 855 IMITATION AND ALVAGE AW IN to L , S L Thomas D. Forbes 1054 THE UNITED STATES Laura Beck Knoll EVOLUTION OF MARINE POLLUTION Antonio J. Rodriguez LAW, 1966-2016 Joshua S. Force Michael A. Harowski David A. Freedman RECENT DEVELOPMENT BORROWED EMPLOYEES & PERIOD OF EMPLOYMENT ANALYSIS IN THE SEAMAN STATUS INQUIRY: THE FIFTH CIRCUIT’S REJECTION OF A BRIGHT-LINE May 2017 May RULE IN WILCOX V. WILD WELL CONTROL, INC. Christopher A. Hebert VOLUME 91 NUMBER 5 MAY 2017 TULANE LAW REVIEW VOLUME 91 MAY 2017 NO. 5 CONTENTS SYMPOSIUM: GOLDEN RULES: TULANE ADMIRALTY LAW INSTITUTE AND MARITIME LAW ASSOCIATION’S 50-YEAR REUNION A FIFTY YEAR RETROSPECTIVE ON THE AMERICAN LAW OF MARINE INSURANCE ................................... Harold K. Watson 855 GILDING THE LILY: THE GENESIS OF THE LONGSHOREMEN’S AND HARBOR WORKERS’ COMPENSATION ACT IN 1927, THE 1972 AMENDMENTS, THE 1984 AMENDMENTS, AND THE EXTENSION ACTS ..............................
    [Show full text]
  • The Foreclosure of Vessel Mortgages in Admiralty
    THE FORECLOSURE OF VESSEL MORTGAGES IN ADMIRALTY. The Supreme Court has long sanctioned substantive legis&- tion by Congress designed to bring our maritime law abreast of the Congressional idea of the needs of maritime commerce. For- merly the source of Congressional authority was held to be derived from the power to regulate interstate and for- eign commerce.1 This is the basis of decisions sustaining the Vessel Sales and Mortgage Recording Act of 185o,2 and the Sea- men's Acts prohibitions upon the payment of wages in advance,- and of the early cases arising under the Limited Liabil- ity Act of 185I.4 In later cases, however, the court turned to the doctrine of a Congressional power to legislate upon maritime matters within admiralty jurisdiction implied from the Constitutional grant of that jurisdiction to the federal courts and the "necessary and proper" clause.5 Thus the more recent cases under the Limited Liability Act of 1851,6 the Limited Liability 'The Lottawanna (1874), 21 Wall. 558, 577. 2White's Bank v. Smith (1868), 7 Wall. 646, 655-6; Aldrich v. Aetna (1869), 8 -" 1' 6, 496. 'Pat. on v. Bark Eudora (903), 190 U. S. 169, 176. Cf. Strathearn S. S. Co. v. Dillon (I92O), 252 U. S. 34. 'Providence & New York S. S. Co. v. Hill (883), lo9 U. S..578, 58g; In re Vessel Owners' Towing Co. (D. C., 1886), 26 Fed. i6g, i7o. "'The judicial Power shall extend . .. to all cases of admiralty and maritime Jurisdiction. .. ."-Const. Art. III, See. 2. "The Congress shall have Power .
    [Show full text]
  • 2021 Edition of Lexology Getting the Deal Through: Shipping 2021
    Shipping 2021 Contributing editors Kevin Cooper and Kirsten Jackson © Law Business Research 2020 Publisher Tom Barnes [email protected] Subscriptions Claire Bagnall Shipping [email protected] Senior business development manager Adam Sargent 2021 [email protected] Published by Law Business Research Ltd Contributing editors Meridian House, 34-35 Farringdon Street London, EC4A 4HL, UK Kevin Cooper and Kirsten Jackson The information provided in this publication MFB Solicitors is general and may not apply in a specific situation. Legal advice should always be sought before taking any legal action based on the information provided. This information is not intended to create, nor does receipt of it constitute, a lawyer– Lexology Getting The Deal Through is delighted to publish the thirteenth edition of Shipping, client relationship. The publishers and which is available in print and online at www.lexology.com/gtdt. authors accept no responsibility for any Lexology Getting The Deal Through provides international expert analysis in key areas of acts or omissions contained herein. The law, practice and regulation for corporate counsel, cross-border legal practitioners, and company information provided was verified between directors and officers. June and July 2020. Be advised that this is Throughout this edition, and following the unique Lexology Getting The Deal Through format, a developing area. the same key questions are answered by leading practitioners in each of the jurisdictions featured. Our coverage this year includes new chapters on Angola, Ecuador, Mozambique, Portugal, Russia © Law Business Research Ltd 2020 and United Arab Emirates. No photocopying without a CLA licence. Lexology Getting The Deal Through titles are published annually in print.
    [Show full text]
  • Mi-100 Notice
    REPUBLIC OF THE MARSHALL ISLANDS VESSEL REGISTRATION AND MORTGAGE RECORDING PROCEDURES MARITIME ADMINISTRATOR Jun/2018 MI-100 NOTICE This MI-100 publication is intended to provide vessel owners, operators, charterers, lending institutions and their representatives with a useful source of information needed to register vessels in the Republic of the Marshall Islands (RMI) and record ship mortgages, financing charters, and related instruments under its laws. While these procedures have their basis in the RMI Maritime Act 1990, this publication is only intended as a guide and should not be construed as legal advice, nor be used as the basis of a legal opinion. The link to the updated version of this publication may be found at www.register-iri.com on the MI-300 dedicated webpage. Requests to be included in the email notification updating service, MI-300 Updates, may be sent to [email protected] VESSEL REGISTRATION AND MORTGAGE RECORDATION under the provisions of the Republic of the Marshall Islands Maritime Act 1990, as amended, and the Republic of the Marshall Islands Associations Law 1990, as amended This booklet is intended to provide vessel owners, operators, charterers, lending institutions and their representatives with a useful source of information needed to register vessels in the Republic of the Marshall Islands and record ship mortgages, financing charters, and related instruments under its laws. While the following chapters focus on questions often asked by members of the maritime community, our personnel are available to deal with other issues as well. Our staff is available to consult with you to ensure that your documents qualify for recordation under Republic of the Marshall Islands law, and to assist with respect to other features of the Republic of the Marshall Islands Maritime Act 1990, as amended (hereinafter referred to as the “Maritime Act” or the “Act”).
    [Show full text]
  • Priority of Maritime Liens in the Western Hemisphere: How Secure Is Your Claim? Ivon D'almeida Pires-Filho
    University of Miami Law School Institutional Repository University of Miami Inter-American Law Review 4-1-1985 Priority of Maritime Liens in the Western Hemisphere: How Secure Is Your Claim? Ivon d'Almeida Pires-Filho Follow this and additional works at: http://repository.law.miami.edu/umialr Part of the Admiralty Commons Recommended Citation Ivon d'Almeida Pires-Filho, Priority of Maritime Liens in the Western Hemisphere: How Secure Is Your Claim?, 16 U. Miami Inter-Am. L. Rev. 505 (1985) Available at: http://repository.law.miami.edu/umialr/vol16/iss3/3 This Article is brought to you for free and open access by Institutional Repository. It has been accepted for inclusion in University of Miami Inter- American Law Review by an authorized administrator of Institutional Repository. For more information, please contact [email protected]. PRIORITY OF MARITIME LIENS IN THE WESTERN HEMISPHERE: HOW SECURE IS YOUR CLAIM?* IVON D'ALMEIDA PIRES-FILHO** I. INTRODUCTION 506 I. PERSONIFICATION OF THE VESSEL 507 III. THE "IN REM" PROCEDURE 510 IV. PRIORITY OF MARITIME LIENS IN NATIONAL SYSTEMS 511 A. Canada 512 B. The United States of America 514 C. Argentina 516 D. Brazil 519 E. Mexico 520 F. Panama 521 G. Venezuela 523 V. APPLICABLE INTERNATIONAL CONVENTIONS 524 A. The Brussels Convention of 1926 524 B. The Bustamante Code 525 C. Conflict of Laws 526 * Revision of this manuscript was supported by the William H. Donner Foundation, the Pew Memorial Trust, the Johnson Endowment, and the Woods Hole Oceanographic Institution's Marine Policy and Ocean Management Center (W.H.O.1.
    [Show full text]