THE "ITHAKA."
(1939) 64 Ll L Rep 259
COURT OF APPEAL.
Before Lord Justice Scott, Lord Justice MacKinnon and Lord Justice Finlay.
Salvage-Arbitration-Stay of proceedings-Stranding of steamship Ithaka in Dardanelles in Turkish territorial waters-Monopoly of salvors-Lloyd's Standard Form of Salvage Agreement signed by master-Vessel salved and taken to Istanbul-Security lodged in accordance with form-Vessel released by salvors-Action subsequently commenced in Turkish Courts by shipowners to set aside salvage agreement, it being alleged that it was signed by the master under duress - Motion by shipowners that arbitration proceedings be stayed pending the hearing of the action brought in the Turkish Courts - Equitable jurisdiction of English Courts to stay proceedings.