Court of Appeals for the Second Circuit August 11, 1983, No. 1117, Docket 83-7036 (Seguros Banvenez S.A. v. S/S Oliver Drescher)

lead-opinion

VAN GRAAFEILAND, Circuit Judge:

Compania Anonima Venezolana De Navegacion (Venline), a Venezuelan steamship Corporation, appeals from an order of the United States District Court for the Southern District of New York (Motley, C.J.) requiring it to post security for release from arrest of the ship M/V Oliver Drescher, which was owned by Containerline Joachim Drescher, K.G.