Port of Portland v. Paralla

892 F.2d 825 1990 A.M.C. 846 The PORT OF PORTLAND, an Oregon municipal corporation, Plaintiff-Appellant, and The Connecticut National Bank, Trustee-Mortgagee, Plaintiff-Intervenor-Appellee, v. The M/V PARALLA, Defendant-Appellee. No. 88-4101. United States Court of Appeals, Ninth Circuit. Argued and Submitted Oct. 30, 1989. Decided Dec. 27, 1989. Paul N. Wonacott and Kim Jefferies, Wood, Tatum, Mosser, Brooke & Landis, Portland, Or., for plaintiff-appellant. Clifford B. Alterman, Wayne D. Palmer and Mary Ellen Farr, Kell, Alterman & Runstein, Portland, Or., and John J. Reilly, Mark C. Flavin and Claire Saady, Haight, Gardner, Poor & Havens, New York City, for plaintiff-intervenor- appellee. Joseph M. VanLeuven, Ragen, Tremaine, Krieger, Schmeer & Neill, Portland, Or., for M/V Paralla. Appeal from the United States District Court for the District of oregon. Before WRIGHT, TANG and FERNANDEZ, Circuit Judges. FERNANDEZ, Circuit Judge: 1 The Port of Portland, an Oregon municipal corporation ("the Port"), brought this in rem action to foreclose a maritime lien on the M/V Paralla ("the Paralla"). After a bench trial, the district court found that the Port did not acquire…