24 Feb 1995
BANQUE WORMS v. THE MAULE (THE OWNERS OF)
- Citation
- BANQUE WORMS v. THE MAULE (THE OWNERS OF)
- Court
- Court of Appeal
- Case number
- CACV187/1994
On the proper construction of the loan agreement and deed of covenant the mortgagee was not entitled to sell the vessel without first accelerating the loan; because acceleration occurred after the writ was issued the cause of action did not exist at the time of issue and the writ was rightly struck out.