Court of Appeals for the Fifth Circuit January 13, 1987, 85-2877, 85-2886 (Titan Navigation, Inc. v. Timsco, Inc., Marine Leasing, Inc. And Rhc Industries, Inc., in Re Marine Leasing, Inc.)

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United States · · · 13-01-1987

POLITZ, Circuit Judge:

This appeal involves the interpretation and application of Rule E(7) of the Supplemental Rules for Admiralty, in an instance in which a complainant possessed of a maritime lien secured the posting of security and, in turn, was ordered to post countersecurity for the defendant’s counterclaim. For the reasons assigned, and with the caveats noted, we affirm.

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