THE "THEEMS."

(1938) 61 Ll.L.Rep. 177

ADMIRALTY DIVISION.

Before Mr. Justice Bucknill.

Admiralty practice-Ship-Limitation of liability-Rate of interest-Collision between plaintiffs' steamship Theems and defendants' steam trawler Notre Dame de Lourdes-Trawler sunk with loss of seven of crew-Offer by plaintiffs to pay into Court sum based on £8 per registered ton and to go bail for further sum based on £7 per registered ton in respect of life claims, with interest at 4 per cent. from date of collision until payment-Contention by defendants that interest in limitation actions should be paid at the rate of 5 per cent. (which was the usual rate in ordinary damage claims).