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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Royal Bank v. 1132959 Ontario Ltd., 2008 CanLii 40231

In Constitutional Issues in Maritime Law on (Updated )

This was an application by the Appellant bank (the “Bank”) for possession of a yacht pursuant to rights allegedly acquired through a general security interest. The application was opposed by the Respondent, who was registered as the owner of the yacht under the Canada Shipping Act (“CSA”), on the grounds that the bank’s interest was not registered under the CSA. …

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Royal Bank of Scotland PLC v. The "Golden Trinity" et al., 2004 FC 795

In Maritime Liens, Mortgages & Priorities on (Updated )

This was a hearing to determine the priorities to the proceeds of sale from three vessels owned by various one ship companies but mortgaged under fleet type mortgages. The vessels were all under the management of a single company, the principal of whom was a Mr. Peter Lygnos. The main claimants were the mortgagees of the vessels and Tramp Oil …

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C.I.B.C. v. "Le Chene No. 1" et al., 2003 FC 873

In Maritime Liens, Mortgages & Priorities on (Updated )

The main issue in this case was whether a claim for severance pay or damages for wrongful dismissal is a maritime lien entitling the claimant to priority over a ship’s mortgage. The claimant had been employed by the shipowner on a full time basis for 12 years and had worked as chief engineer on various ships for 8 of those …

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Canada v. Neves, 2002 FCA 502

In Maritime Liens, Mortgages & Priorities on (Updated )

This was an appeal from an order of a motions Judge setting priorities to the sale proceeds of the Defendant vessel. The vessel had been seized by the Crown for violations of the Fisheries Act and was later arrested and sold at the application of the Crown. The claimants were the Crown, the mortgagee, and the co-owners of the vessel. …

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