BANKERS TRUST INTERNATIONAL LTD. v. TODD SHIPYARDS CORPORATION (THE "HALCYON ISLE")
[1980] 2 Lloyd's Rep. 325
THE JUDICIAL COMMITTEEOF THE PRIVY COUNCIL
Before Lord Diplock, Lord Salmon, Lord Elwyn-Jones, Lord Scarman and Lord Lane
Admiralty practice - Action in rem - Maritime lien - Mortgage of ship - Priority - Shiprepairers executed repairs to vessel - Vessel sold but fund insufficient to satisfy mortgagees and ship-repairers - Whether ship-repairers took priority.