Norgate Marine Management v. Genfreight Limited (The “Conti Will”)

In Admiralty Practice, In Rem Actions and Arrest on (Updated )

This was an application, inter alia, to reduce the amount of security posted to release the vessel from arrest. The Court reduced the amount of security by 20% on the basis that the Court was satisfied that the claim would not succeed in full. The Court noted that the right of a Plaintiff to full security must be balanced so as not to be oppressive.