Second Circuit: NG Bank N.V. v. M/V Maritime King

As the the equitable power to modify an existing maritime lien is essential to preventing the abuse of the lien, court did not abuse its discretion in modifying the interest rate on the lien.

http://www.ca2.uscourts.gov/decisions/isysquery/05194beb-c7ca-4533-89f8-3cdc4043f522/8/doc/16-3944_opn.pdf#xml=http://www.ca2.uscourts.gov/decisions/isysquery/05194beb-c7ca-4533-89f8-3cdc4043f522/8/hilite/