Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

GLOBAL MARINE DRILLING CO. v. TRITON HOLDINGS LTD. (THE “SOVEREIGN EXPLORER”)

[2001] 1 Lloyd's Rep. 60

SCOTLAND OUTER COURTCOURT OF SESSION

Before Lord MacFadyen

Admiralty practice - Action in personam - Arrest of vessel - Guarantee - Sub-charter of semi-submersible, self-propelled drilling rig - Disputes under sub-charter - Mobile offshore drilling unit belonging to defenders arrested - Recall of arrestment on condition that defenders provide guarantee by company - Whether non-bank guarantee afforded acceptable alternative security in place of arrestment.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.