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Enforcement by arrest and court sale
This chapter concerns the enforcement of the ship mortgagee’s security by way of the arrest and judicial sale in England and Wales 1 of the mortgaged ship, usually through a court-directed tender process. Enforcement of mortgage security by the exercise of self-help remedies has been discussed in Chapter 11 . The courts’ protection of the mortgagor in relation to the exercise of the mortgagee’s self-help remedies has been discussed in Chapter 12 .
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