Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

CASTLETON COMMODITIES SHIPPING CO PTE LTD v SILVER ROCK INVESTMENTS (THE “CLIPPER MONARCH”)

[2016] 1 Lloyd's Rep. 1

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before His Honour Judge Waksman

Practice – Charterers failing to pay freight, deadfreight, demurrage and other charges to disponent owners – Disponent owners obtaining court order for sale of cargo subject to proceeds of sale being held by solicitors – Disponent owners applying for proceeds of sale to be paid out to them – Whether disponent owners entitled to monies – CPR Part 25.1(1)(c).

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