F/V Memories, LLC

Filing 7

STIPULATION AND ORDER re: Security re parties' 6 Stipulated Motion, signed by Judge Ricardo S Martinez. (SWT)

THE HONORABLE RICARDO S. MARTINEZ

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UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF WASHINGTON
AT SEATTLE
In the matter of the Complaint of F/V
MEMORIES, LLC for Exoneration from or
Limitation of Liability

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IN ADMIRALTY
NO. 2:17-cv-01296 RSM
PLAINTIFF’S MOTION AND ORDER RE:
SECURITY

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COMES NOW, Plaintiff F/V Memories, LLC, owner of the vessel F/V MEMORIES,

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Official No. 251934, and moves for entry of an Order directing it to post security under Rule F(1)

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of the Supplemental Rules for Admiralty & Maritime Claims and Local Admiralty Rule 120(b).

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Rule F(1) of the Supplemental Rules for Admiralty & Maritime Claims requires the

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plaintiff in a Limitation of Liability action to post security in a sum equivalent to the plaintiff’s

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interest in the vessel along with interest at the rate of 6% per annum and costs. Local Admiralty

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Rule 120, subpart (b), states that the amount of security for costs under Rule F(1) shall be $500.00.

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Plaintiff seeks to post the attached Letter of Undertaking, Exhibit A, whereby, in the event

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a final judgment is entered in favor of the claimants, plaintiff’s Protection and Indemnity

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Underwriters agree to pay up to $249,000, a sum equal to plaintiff’s interest in the vessel, as per

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the Declaration of Dave Eriksen in Support of FV Memories, LLC’s Complaint for Exoneration

PLAINTIFF’S MOTION AND ORDER RE: SECURITY - 1
Cause No. 2:17-cv-01296 RSM

LAW OFFICES

HARRIGAN LEYH FARMER & THOMSEN LLP
999 THIRD AVENUE, SUITE 4400
SEATTLE, WASHINGTON 98104
TEL [phone] FAX [phone]

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From or Limitation of Liability [Docket No. 2], plus interest at 6% per annum and costs in any said

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final decree, or any lesser amount decreed by the Court or settled between the parties.

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DATED this _____ day of September, 2017.

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HARRIGAN LEYH FARMER & THOMSEN LLP

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By____________________________________
Charles S. Jordan, WSBA #19206
999 Third Avenue, Suite 4400
Seattle, WA 98104
T: 206-623-1700
F: 206-623-8717
Email: [e-mail]
Counsel for Plaintiff

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By____________________________________
Michelle Buhler, WSBA #16235
999 Third Avenue, Suite 4400
Seattle, WA 98104
T: 206-623-1700
F: 206-623-8717
Email: [e-mail]
Counsel for Plaintiff

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ORDER

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Based upon Plaintiff’s Motion Re: Security, it is hereby ORDERED that, pursuant to Rule

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F(1) of the Supplemental Rules for Admiralty & Maritime Claims and Local Admiralty Rule

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120(b), Plaintiff shall file with the Court a Letter of Undertaking in the form attached as Exhibit A.

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DATED this 19 day of September 2017.

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A

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RICARDO S. MARTINEZ
CHIEF UNITED STATES DISTRICT JUDGE

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PLAINTIFF’S MOTION AND ORDER RE: SECURITY - 2
Cause No. 2:17-cv-01296 RSM

LAW OFFICES

HARRIGAN LEYH FARMER & THOMSEN LLP
999 THIRD AVENUE, SUITE 4400
SEATTLE, WASHINGTON 98104
TEL [phone] FAX [phone]

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Presented by:
HARRIGAN LEYH FARMER & THOMSEN LLP
By ______________________________________
Charles Jordan, WSBA #19206
Michelle Buhler, WSBA #16235
of Attorneys for Plaintiff

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PLAINTIFF’S MOTION AND ORDER RE: SECURITY - 3
Cause No. 2:17-cv-01296 RSM

LAW OFFICES

HARRIGAN LEYH FARMER & THOMSEN LLP
999 THIRD AVENUE, SUITE 4400
SEATTLE, WASHINGTON 98104
TEL [phone] FAX [phone]