BABCOCK FITZROY LTD v THE SHIP "M/V SOUTHERN PASIFIKA"
[2012] Lloyd's Rep Plus 59
HIGH COURT OF NEW ZEALAND (AUCKLAND REGISTRY)
Before Justice Priestley
Admiralty practice - Priorities - Shiprepairer with possessory lien bringing action in rem - Vessel sold by Registrar pursuant to Admiralty process - Whether lien attached to proceeds of sale - Whether shiprepairer or mortgagee had priority over proceeds of sale.