Duties Owed by Mortgagees of Ships When Exercising Their “power of Sale”

Capt. John

In the recent case of Close Bothers v (1) AIS (Marine) 2 Limited and (2) Paul Chandler, the English Admiralty Court has reviewed and provided a helpful summary of a mortgagee’s duties under English law on sale of a ship. The decision is a useful reminder that a mortgagee will need to consider more...

https://www.hellenicshippingnews.com/duties-owed-by-mortgagees-of-ships-when-exercising-their-power-of-sale/

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