30 Apr 2015
ASSET WONDER LTD v. STELLAR SHIPPING CO LLC, THE BAREBOAT CHARTERER OF THE SHIP‘RUBY STAR’
- Citation
- ASSET WONDER LTD v. STELLAR SHIPPING CO LLC, THE BAREBOAT CHARTERER OF THE SHIP‘RUBY STAR’
- Court
- Court of First Instance
- Case number
- HCAJ129/2013
Because the plaintiff held the only valid judgment against the vessel, bailiff fees had been paid, party-and-party costs were agreed, and there was no valid caveat or competing claim, the court applied the prima facie order of priorities and ordered that the entire remaining proceeds of sale and interest be paid to the plaintiff's solicitors in partial satisfaction of the judgment and to meet party-and-party costs.
- Priority of claims to proceeds of sale
- Payment out of proceeds
- Party and party costs
- Bailiff fees
- Caveat
- Judgment enforcement