THE "HALCYON SKIES" (NO. 2)

[1977] 1 Lloyd's Rep. 22

QUEEN'S BENCH DIVISION(ADMIRALTY COURT)

Before Mr. Justice Donaldson

Admiralty practice - Judgment in foreign currency - Delay in Supreme Court Pay Office in making payment - Duties of Pay Office and National Debt Commissioners in administration of funds in Court - Supreme Court of Judicature (Consolidation) Act, 1975 - Supreme Court Fund Rules, 1927, as amended, r. 87. Mortgage of ship - Clause in loan agreement that loans to be repaid on demand - Grant by shipowners of further mortgage in breach of clause - Whether demand for repayment of all sums due implied by conduct.