Kent Trade and Finance Inc. v. JPMorgan Chase Bank, 2008 FCA 399

In Maritime Liens, Mortgages & Priorities on (Updated )

This was a hearing to determine the priorities of various claimants to proceeds from the sale of the Lanner. The competing claimants were the mortgagee and 15 suppliers of necessaries. The suppliers, who would normally rank below the mortgagee, challenged the validity of the mortgage. Some of them argued they had maritime liens under American law and, in the alternative, …

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Finansbanken ASA v. The "GTS Katie", 2002 FCT 73, 2002 FCT 339

In Maritime Liens, Mortgages & Priorities on (Updated )

In this matter a supplier of necessaries attempted to obtain priority by entering into an agreement with the ship owner for the transfer of property on board the ship. The property transferred consisted of plans, manuals, drawings, 5 life rafts and 2 breathing apparatus. The agreement provided that the ship owner could retake possession and ownership of the property by …

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Calogeras Marine Inc. v. Navihouse S.A., 1997 CanLII 4770

In Ship Suppliers on (Updated )

In this matter the Plaintiff ship chandler recovered the unpaid portion of an invoice relating to goods supplied to the Defendant vessel. The only issue was whether the Plaintiff was entitled to recover a discount that had been given to the Defendants. The Court held the discount was conditional on prompt payment by the Defendants and, since they did not …

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