OCARINA MARINE LTD. AND OTHERS v. MARCARD STEIN & CO.

[1994] 2 Lloyd's Rep. 524

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Rix

Practice - Writ - Application to set aside - Jurisdiction - Loan agreement, assignment of earnings and deed of charges entered into between German bank and Liberian shipowners - Documents contained English jurisdiction clause - Whether English Court had jurisdiction to hear action against German bank - Whether writ should be set aside - Civil Jurisdiction and Judgments Act, 1982, arts. 2, 5(1), 17.