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2nd Circ. Hands ING Bank A Win In Marine-Fuel Lien Dispute

Law360, New York (June 13, 2018, 7:09 PM EDT) -- A Manhattan federal judge erred in quashing ING Bank's lien on a ship's fuel bill and also in entering an "ill-advised" grant of summary judgment in favor of the vessel, the Second Circuit held Wednesday, issuing a reversal in a money fight flowing from the bankruptcy of shipping fuel provider O.W. Bunker.

The circuit held that the bank, which claims for the value of roughly $217,000 of fuel provided to the M/V Temara vessel in 2014 under a contract with O.W. Bunker, is entitled to enforce...
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