‘. The proceeds of sale of the vessel RUTA are wholly insufficient to satisfy the large number of maritime claims outstanding against her former owners and it falls to the court to decide their ranking. Two primary issues have arisen:-
a. Does a damage claimant have priority over a wages claimant or vice-versa?
b. On what terms as to priority can a claimant who has earlier obtained contractual security proceed against the proceeds of sale?’
Judges:
The Hon Mr. Justice David Steel
Citations:
[2000] EWHC B1 (Admlty), [2000] CLC 784, [2000] 1 All ER (Comm) 847, [2000] 1 WLR 2068, [2000] 1 Lloyd’s Rep 359, [2000] ICR 1024, [2001] 1 All ER 450
Links:
Jurisdiction:
England and Wales
Transport
Updated: 24 August 2022; Ref: scu.658898
