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Kuwait Oil Tanker Company S A K Sitka Shipping Incorporated v UBS Ag: CA 25 Jan 2002

Officers of the claimant had been found to have defrauded the plaintiff of many millions of pounds. Money had been paid through the defendant, a Swiss bank, and a garnishee order was sought. There was no presumption that, merely because a debt was a foreign debt, garnishee relief should be refused. The real issue was … Continue reading Kuwait Oil Tanker Company S A K Sitka Shipping Incorporated v UBS Ag: CA 25 Jan 2002

Societe Eram Shipping Company Ltd v Compagnie International De Navigation and Others: CA 7 Aug 2001

Judgment creditors obtained a garnishee order nisi, but the bank objected to the order being made absolute. The account was in Hong Kong, where there was a real danger, that the law would not relieve them of their obligation to the account holders to pay the balance to them, after satisfaction of the garnishee debt. … Continue reading Societe Eram Shipping Company Ltd v Compagnie International De Navigation and Others: CA 7 Aug 2001