Captain officers and crew of the fishing Vessel "ARISTOTEL" v Owners of the fishing Vessel "Aristotel" (CS 262 of 1996; CS 263 of 1996; CS 264 of 1996) [2005] SCSC 49 (11 October 2005)

Captain officers and crew of the fishing Vessel "ARISTOTEL" v Owners of the fishing Vessel "Aristotel" (CS 262 of 1996; CS 263 of 1996; CS 264 of 1996) [2005] SCSC 49 (11 October 2005)

Interest at 4% shall run from the date the writs were filed, 12th September 1996, and shall be compounded annually from 12th September 1997 until payment in full.

Source-derived case information.

Citation
[2005] SCSC 49
Parties
Plaintiff: The Captain Officers and Crew of the Fishing Vessel 'Aristotel'; Defendant: The Owners of the Fishing Vessel 'Aristotel'; Intervenor: Moscow Narodny Bank Ltd; Plaintiff: The Captain Officers and Crew of the Fishing Vessel 'Rodios'; Defendant: The Owners of the Fishing Vessel 'Rodios'; Plaintiff: The Captain Officers and Crew of the Fishing Vessel 'Demosfen'; Defendant: The Owners of the Fishing Vessel 'Demosfen'
Court
Supreme Court
Jurisdiction
Seychelles
Case Number
CS 262 of 1996 ; CS 263 of 1996 ; CS 264 of 1996
Procedural Posture
Civil Admiralty / Post Judgment Clarification
Outcome
clarification granted
Legal Topics
Interest on Judgment Debt, Compounding of Interest, Unpaid Salaries, Repatriation Costs, Catching Bonus
Source Language
en
Admiralty Labour Law Civil Procedure Interest on Judgment Debt Compounding of Interest Unpaid Salaries Repatriation Costs Catching Bonus

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Parties

The Captain Officers and Crew of the Fishing Vessel 'Aristotel'

Plaintiff

The Owners of the Fishing Vessel 'Aristotel'

Defendant

Moscow Narodny Bank Ltd

Intervenor

The Captain Officers and Crew of the Fishing Vessel 'Rodios'

Plaintiff

The Owners of the Fishing Vessel 'Rodios'

Defendant

The Captain Officers and Crew of the Fishing Vessel 'Demosfen'

Plaintiff

The Owners of the Fishing Vessel 'Demosfen'

Defendant

Procedural Posture

Civil Admiralty / Post Judgment Clarification

  1. 1 From what date does interest on the judgment sum run?
  2. 2 Is the interest to be compounded annually or calculated at a simple rate?

Ratio Decidendi

Interest at 4% shall run from the date the writs were filed, 12th September 1996, and shall be compounded annually from 12th September 1997 until payment in full.

Court Disposition

clarification granted

Orders

  • Interest at 4% to run from 12th September 1996.
  • Interest to be compounded annually from 12th September 1997 until payment in full.