Panel: Appellant Not Entitled To Portion Of Proceeds From Sale Of Ship

Mealey's ( January 20, 2022, 7:54 AM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Jan. 4 affirmed findings that the owner of patents embodied in the piping system of a vessel for carrying oil and ore is not entitled to a portion of the profits from the sale of the ship in a bankruptcy proceeding....