Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-casd-3_06-cv-01024/USCOURTS-casd-3_06-cv-01024-3/pdf.json

Nature of Suit Code: 120
Nature of Suit: Marine Contract Actions
Cause of Action: 28:1331 Fed. Question

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W02-WEST:5AN\400151675.1 1 ORDER CONFIRMING INTERLOCUTORY SALE

CHARLES S. DONOVAN, CAL. BAR NO. 103667

AMY B. NORRIS, CAL. BAR NO. 201147

NATHAN THOMAS, CAL. BAR NO. 234931

SHEPPARD, MULLIN, RICHTER & HAMPTON LLP

A Limited Liability Partnership

Including Professional Corporations

Four Embarcadero Center, 17th Floor

San Francisco, California 94111

Telephone: (415) 434-9100

Facsimile: (415) 434-3947

Email: cdonovan@sheppardmullin.com

Attorneys for Plaintiff

CitiCapital Commercial Corporation

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF CALIFORNIA

CITICAPITAL COMMERCIAL

CORPORATION,

Plaintiff,

v.

Vessel OCEAN EXPRESS, Official No.

1038282, her engines, tackle, apparel, etc., 

in rem, Dive Connections, Inc., Ocean

Express, Inc., Barry Punshon, in personam,

Defendants.

__________________________________

Case No. 06 CV 1024 

ORDER CONFIRMING

INTERLOCUTORY SALE AND

RELEASING SUBSTITUTE

CUSTODIAN

On September 11, 2006, plaintiff CitiCapital Commercial Corporation ("CitiCapital")

moved this Court for an order authorizing interlocutory sale of the defendant Vessel OCEAN

EXPRESS, Official No. 1038282, her engines, tackle, apparel, etc. ("OCEAN EXPRESS"). 

On November 1, 2006, this Court issued an order authorizing interlocutory sale of OCEAN

EXPRESS. On November 28, 2006, pursuant to a joint motion by the parties, this Court

issued an amended order authorizing interlocutory sale of OCEAN EXPRESS. 

Case 3:06-cv-01024-BEN-JMA Document 35 Filed 01/08/07 Page 1 of 2
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W02-WEST:5AN\400151675.1 2 ORDER CONFIRMING INTERLOCUTORY SALE

On December 6, 2006, the United States Marshal's Service conducted a public auction

sale of the OCEAN EXPRESS. CitiCapital made a credit bid of $50,000.00 to purchase the

OCEAN EXPRESS. The United States Marshal's Service sold the OCEAN EXPRESS to

CitiCapital, the highest bidder at the sale, in exchange for the $50,000.00 credit bid. Since

the December 6, 2006 sale, no party has filed an opposition to the sale with this Court. 

Pursuant to Rule E of the Supplemental Rules for Certain Admiralty and Maritime

Claims of the Federal Rules of Civil Procedure and Civil Local Rule E.1 (e)(2), this Court

confirms the sale of the OCEAN EXPRESS to CitiCapital. 

The United States Marshal's Service is ordered deliver a bill of sale for the OCEAN

EXPRESS to CitiCapital. The OCEAN EXPRESS shall be conveyed "as is, where is, free

and clear of any and all claims, liens and encumbrances of any type whatsoever". 

Driscoll, Inc. is relieved of its duties as substitute custodian and is ordered to release the

OCEAN EXPRESS to CitiCapital.

IT IS SO ORDERED.

DATED: January 8, 2007

Jan M. Adler

U.S. Magistrate Judge

Case 3:06-cv-01024-BEN-JMA Document 35 Filed 01/08/07 Page 2 of 2