The Ruta: QBD 21 Mar 2000

Where a ship-owner became insolvent, and the only remedy for unpaid employees was against the proceeds of sale of the ship, such claims would be granted a priority over lienors of the ship. No formal system can be created compartmentalising such competing claims, but it was characteristic that the employees on the ship once engaged had had to continue. Where several ships were damaged in what was one incident they should be ranked equally.

Times 21-Mar-2000, Gazette 23-Mar-2000
England and Wales

Insolvency, Transport, Employment

Updated: 21 January 2022; Ref: scu.89844