Local Rule Local Admiralty Rule E.4: Preservation of Property

Local Admiralty Rule E.4. Preservation of Property

Whenever property is attached or arrested under the provisions of Supplemental Rule E(4)(b) that permit the marshal or other person having the warrant to execute the process without taking actual possession of the property, and the owner or occupant of the property is thereby permitted to remain in possession, the court, on motion of any party or on its own motion, may enter any order necessary to preserve the value of the property, its contents, and any income derived therefrom, and to prevent the destruction, removal or diminution in value of the property, contents and income.