F.C. Yachts Ltd. v. P.R. Yacht Builders Ltd., 2010 FC 1066

In Admiralty Practice, Parties on (Updated )

This was an application by the mortgagee of a vessel under construction for intervenor status. The vessel was being built under a contract between the purchaser, NWEY, and the builder, PRYB. This contract contained an arbitration clause. PRYB had, however, sub-contracted the labour part of the build to a related company, FCY. The subcontract contained no arbitration clause. The funds …

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