St. Anthony Seafoods Ltd. Partnership v. "F.V. Independence" (The), 2010 FC 634

In Maritime Liens, Mortgages & Priorities on (Updated )

This was an application by the plaintiff/mortgagee for possession of the defendant vessel for the purpose of selling it pursuant to s.69 of the Canada Shipping Act, 2001 (s.69 gives the mortgagee of a registered vessel a power of sale). The plaintiff alleged that there had been various breaches of a loan agreement but the Court found that there were …

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