Finansbanken ASA v. The "GTS Katie", 2002 FCT 74

In Maritime Liens, Mortgages & Priorities on (Updated )

The issue in this case was whether the claimant had a subrogated interest in the wage lien of the crew of the defendant vessel. The claimant alleged that he had entered into an agreement with the vessel owner to provide the owner with US$40,000.00 to pay the crew. In return, and with the full knowledge and participation of the crew, …

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