New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Arrest and sale of ship
  • 14 May 2012

    BABCOCK FITZROY LTD V "THE M/V SOUTHERN PASIFIKA" HC AK CIV-2011-404-001906

    Citation
    openlaw-3b78934b_f365_46c7_9800_49d9b17d2f62.pdf
    Court
    High Court

    A repairer who held a valid possessory lien and who legitimately invoked the court's Admiralty in rem processes did not forfeit priority by causing arrest and sale; the court may preserve the repairer's lien by directing a notional lien over sale proceeds, and Woolford J's direction doing so was correct and is upheld.

    • Possessory lien
    • In rem proceedings
    • Ship mortgage priority
    • Attachment to sale proceeds
    • Arrest and sale of ship