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."]