South Africa Case Law

National Iranian Oil Company v Banque Paribas (Suisse) SA and Another (265/91)

National Iranian Oil Company v Banque Paribas (Suisse) SA and Another (265/91) [1993] ZASCA 79; 1993 (4) SA 1 (AD); [1993] 2 All SA 451 (A) (28 May 1993)

Court

Supreme Court of Appeal

Case number

265/91

Judges

E M Grosskopf, Hoexter, Vivier, F H Grosskopf, Harms

The court held that cargo discharge costs were not costs incurred to procure the ship’s sale and so did not rank first under section 11(1)(a).

• Admiralty Jurisdiction Regulation Act
• Priority Of Maritime Claims
• Costs Of Sale
• Custodia Legis
• Ranking Of Claims
• Admiralty-law