Act The parties elected to have federal law govern their agreement. The Ship Mortgage Act, 46 U.S.C. §§ 31303, et seq., and the Judicial Sales Act, 28 U.S.C. §§ 2001 & 2004, form “a comprehensive procedure for the foreclosure of a preferred ship’s mortgage, the sale of the vessel and any resulting deficiency adjudged against the debtor in personam.” J. Ray McDermott & Co. v. Vessel Morning Star, 457 F.2d 815, 818 (5th Cir.1972). This statutory scheme completely preempts state law. See, e.g., Md. Nat’l Bank v. Traenkle, 10 Fed.Appx. 194, 196-97, 2001 WL 589405 (4th Cir.2001) (affirming lower court’s holding that Ship Mortgage Act preempted Maryland law regarding personal notice and deficiency judgments); Fourchon, Inc. v. La. Nat’l Leasing Corp., 723 F.2d 376, 383 (5th Cir.1984) (<HOLDING>); Enserco, L.L.C. v. Drilling Rig Noram 253,
recognizing state laws can be preempted by federal regulations as well as by federal legislation holding that ship mortgage act preempted louisiana state laws caps on interest rates holding that federal drug and medical device laws preempted a state tortlaw claim based on failure to properly communicate with the fda holding that state constitution required reasonable nonresident rates holding the state law claims were not preempted