Nordea Bank Norge ASA v. KINGUK (Ship), 2007 FC 434

In Maritime Liens, Mortgages & Priorities on (Updated )

Two vessels had been sold by the Court for the sum of $5.8 million and this case was to determine priorities and distribute the proceeds. The fees and disbursements incurred in selling the ships were incurred by the mortgagee. These fees and expenses, including solicitors fees and brokerage fees, were given priority akin to Marshall’s fees. The next claims in …

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