11 U.S.C. Section 1110 : Does the U.S. Bankruptcy Code Adequately Protect the U.S. Government's Interest in a U.S. Flag Vessel Secured by a Preferred Ship Mortgage Under the Ship Mortgage Act of 1920.
Examines relationship between the U.S. Bankruptcy Code and the Ship Mortgage Act of 1920, which governs creation and enforcement of preferred ship mortgages which may be enforced by a foreclosure in admiralty. Discusses legal problems associated with Government position as secured creditor of many U...
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