Shipping Corp. of India Ltd. v. Jaldhi Overseas Pte Ltd., No. 08-3477

In defendant's appeal from the district court's order vacating portions of an order of maritime attachment and garnishment, the order is affirmed in part where electronic fund transfers (EFTs) being processed by an intermediary bank are not property subject to attachment under Rule B of the Supplemental Rules for Admiralty or Maritime Claims and Asset Forfeiture Actions.  However, the court of appeals remands the cause for further proceedings with respect to the remaining portions of the attachment order affecting EFTs of which defendant was the originator.

Read Shipping Corp. of India Ltd. v. Jaldhi Overseas Pte Ltd., No. 08-3477

Appellate Information

Argued: May 5, 2009

Decided: October 16, 2009

Judges

Opinion by Judge Cabranes

Counsel

For Appellant:

Jeremy J.O. Harwood, Blank Rome LLP, New York, NY

For Appellee:

Rahul Wanchoo, Glen Rock, NJ