Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

ELLERMAN LINES LTD. v. LANCASTER MARITIME CO. LTD. AND OTHERS (THE "LANCASTER")

[1980] 2 Lloyd's Rep. 497

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Robert Goff

Charter-party (Time) - Lien clause - Mortgage - Priority - Vessel a total constructive loss - Whether charterers' lien on vessel took priority over mortgages - Whether charterers had equitable interest in proceeds of insurance - Whether Mareva injunction obtained by charterers should be discharged - New York Produce Exchange form.

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