Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-alsd-1_04-cv-00616/USCOURTS-alsd-1_04-cv-00616-0/pdf.json

Nature of Suit Code: 120
Nature of Suit: Marine Contract Actions
Cause of Action: 28:1333 Admiralty

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IN THE UNITED STATES DISTRICT COURT

FOR THE SOUTHERN DISTRICT OF ALABAMA

SOUTHERN DIVISION

UNIVERSAL SHIPPING & TRADING CO., )

LTD., )

 )

Plaintiff, )

 )

v. ) CIVIL ACTION NO. 04-0616-WS-C

 )

DARDANOS SHIPPING CO. LTD. etc., )

et al., )

 )

Defendants. )

ORDER

This matter is before the Court on the parties’ joint stipulation for cancellation of the ship

release bond, (Doc. 28), which the Court construes as a motion for such relief. The motion is based

upon the entry of a final interim arbitration award in London. (Id., ¶ 4). Upon consideration, the

motion is granted. The ship release bond is canceled, and the Clerk is directed to return the bond to

counsel for the defendants.

On December 2, 2004, the Court stayed this action rather than dismiss it, based on the

representation of plaintiff’s counsel that dismissal would cause the Court to lose in rem jurisdiction over

the ship release bond. (Doc. 14). The plaintiff requested a stay “pending the outcome of the London

arbitration proceedings,” (id. at 2), and the Court entered such a stay. (Doc. 15). Because the

London proceedings have concluded, and because the parties have agreed to cancellation of the bond,

the stay is lifted and this action is dismissed.

DONE and ORDERED this 3rd day of June, 2005.

s/ WILLIAM H. STEELE

UNITED STATES DISTRICT JUDGE

Case 1:04-cv-00616-WS-C Document 29 Filed 06/03/05 Page 1 of 1