1 Aug 2014
ISLAMIC REPUBLIC OF IRAN SHIPPING LINES v. PHINIQIA INTERNATIONAL SHIPPING LLC AND OTHERS
- Citation
- ISLAMIC REPUBLIC OF IRAN SHIPPING LINES v. PHINIQIA INTERNATIONAL SHIPPING LLC AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA2368/2012
Leave to appeal was refused because the applicant failed to show a reasonable prospect of success: the judge properly exercised discretion in finding insufficient cogent evidence of an objective real risk of dissipation (taking into account negotiations, partial payments, unchanged vessel ownership and delay), and Frever and Corera were not shown to be parties to the alleged conspiracy such that injunction continuation was justified.