San Mateo County Harbor District v. M/V Spirit of Sacramento

Filing 56

ORDER FOR SALE OF VESSEL AND CREDIT BID. Signed by Judge James Donato on 1/22/2016. (jdlc2S, COURT STAFF) (Filed on 1/22/2016)

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1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 SAN MATEO COUNTY HARBOR DISTRICT, 8 Plaintiff, 9 10 v. ORDER FOR SALE OF VESSEL AND CREDIT BID M/V SPIRIT OF SACRAMENTO, 11 United States District Court Northern District of California Case No. 15-cv-01902-JD Defendant. 12 13 As requested by plaintiff San Mateo County Harbor District (Dkt. No. 38) and as 14 addressed by the Court’s prior order (Dkt. No. 54), the Court makes the following orders for the 15 defendant vessel M/V SPIRIT OF SACRAMENTO, Official No. 510560 (“Vessel”): 16 1. The defendant Vessel shall be sold free of all mortgages, liens, and other 17 encumbrances in an admiralty execution sale pursuant to Supplemental Rules for Admiralty or 18 Maritime Claims and Asset Forfeiture Actions (“Suppl. Rule”), Rule E(9)(a) and Local Admir. 19 L.R. 9-2. The proceeds of the sale shall be paid into Court to await disbursement upon further 20 order of the Court per Suppl. Rule E(9)(b). If the net proceeds of the defendant Vessel’s sale are 21 less than the Harbor District’s judgment in this case, the Harbor District will be allowed to seek 22 any deficiency against the Vessel’s owner, in personam. 23 24 25 26 27 28 2. The sale shall commence at a time and place designated by the U.S. Marshal for the Northern District of California. 3. The Harbor District shall, pursuant to Admir. L.R. 9-2(a), cause proper notice of the sale to be published before the date of the sale in The Recorder. 4. 1 The Court authorizes the Harbor District to arrange for other such advertising as 2 can be placed at a reasonable cost, and the expense of such advertisements will be reimbursable as 3 an expense of sale. 5. 4 5 The U.S. Marshal shall conduct the sale and shall abide by the terms of sale as set forth in Admir. L.R. 9-2. 6. 6 Pursuant to Admir. L.R. 9-2(b), the Harbor District may credit bid for the Vessel at 7 the Marshal’s sale for any and all amounts up to the total judgment of $50,948.00. If the Harbor 8 District’s credit bid is the highest bid, the Harbor District shall not be required to make a cash 9 deposit or a subsequent cash payment into the Registry of the Court as is required for other bidders under Admir. L.R. 9-2(a). The U.S. Marshal is authorized and directed to accept such credit bids 11 United States District Court Northern District of California 10 from the Harbor District at the sale of the defendant Vessel. If a sale to the Harbor District is 12 confirmed for an amount based only on a credit bid: (1) the Harbor District will be allowed to 13 pursue a deficiency action against the Vessel owner, in personam, for any outstanding amounts 14 still owed under its default judgment; (2) the Harbor District will be responsible to pay the fees, 15 costs, and commissions due to the U.S. Marshal for the arrest and sale of the defendant Vessel; 16 and (3) the Harbor District will be responsible to pay any other custodia legis fees or costs 17 applicable to the defendant Vessel. 7. 18 19 Court pursuant to Admir. L.R. 9-2(c). 8. 20 21 At the conclusion of the sale, the Marshal shall forthwith file a written report to the The proceeds of the sale, if any, are to be deposited into the Court until further order of the Court. 9. 22 Should no successful bid be received on the defendant Vessel, or if for any other 23 reason the sale of the defendant Vessel is not completed, then the parties shall report that to the 24 Court and the defendant Vessel shall remain under arrest pending further order of the Court. 25 // 26 // 27 // 28 // 2 1 10. 2 IT IS SO ORDERED. 3 There shall be no minimum bid set by the Marshal. Dated: January 22, 2016 4 5 JAMES DONATO United States District Judge 6 7 8 9 10 United States District Court Northern District of California 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3

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