12 Aug 1997
AKER INVEST AS v. THE OWNERS OF THE SHIP "SAGA SEA"
- Citation
- AKER INVEST AS v. THE OWNERS OF THE SHIP "SAGA SEA"
- Court
- Court of First Instance
- Case number
- HCAJ171/1997
The Court exercised its discretion to refuse the application to vary the July Order and to refuse the plaintiff's request for sale by public auction or private treaty, holding that there was insufficient evidence to justify departing from the established practice of sale by public tender and that appraisals indicated materially higher values than the plaintiff's proposed purchase price.