Valley Towing Ltd. v. Celtic Shipyards (1988) Ltd.

In Limitation of Liability in Maritime Law on (Updated )

In this matter a barge under tow of the Plaintiff’s tug collided with and caused extensive damage to various docks and vessels. The Plaintiff tug owner admitted liability and commenced limitation proceedings. The Plaintiff then brought a motion for a stay of all proceedings upon payment of the limitation fund ($42,000) into Court. The Court allowed the Plaintiff’s motion but only in part. Other actions were allowed to proceed for the purpose of obtaining security for the respective claims.