The "Barkley Sound" v. Canadian Imperial Bank of Commerce, 1999 CanLII 5871

In Maritime Liens, Mortgages & Priorities on (Updated )

This was an application to determine priorities. At issue was whether a ship repairer in possession could claim priority over the mortgagee for storage charges and interest. The court found that the repairer had retained possession of the vessel and that the storage charges were incurred for the purpose of protecting the repairer’s interest. Under these circumstances, the court held …

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