Equatorial Can't Seize Ship In Contract Spat: 9th Circ.

Law360, New York (January 12, 2010, 4:51 PM EST) -- A federal appeals court has ruled that Singapore-based shipping company Equatorial Marine Fuel Management Services Pte Ltd. can't seize a ship belonging to Malaysian rival MISC Berhad to secure a potential judgment in a $22 million lawsuit it filed against MISC over a fuel purchase contract.

Chief Judge Alex Kozinski of the U.S. Court of Appeals for the Ninth Circuit, writing for a three-judge panel, ruled Monday that Equatorial couldn't seize the ship — a remedy known as maritime attachment, provided by Admiralty Rule B, part...
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