GRAHAM JOINT STOCK SHIPPING CO., LTD. v. MERCHANTS' MARINE INSURANCE CO.
(1922) 13 Ll.L.Rep. 362
COURT OF APPEAL.
Before Lord Justice Bankes, Lord Justice Scrutton and Mr. Justice Eve.
Marine Insurance-Loss-Claim of Mortgagees - Defence of Scuttling with Privity of Owner - Inference from Financial Position of Owner-Plaintiff's Interest as Mortgagees - Validity of Mortgage - Effect of Greek Law - Defence against Owner: whether good against Mortgagee suing as Assured- Whether Scuttling a Peril of the Sea.
[The "Ioanna."]
(Continued from page 298.)