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Lloyd's Law Reports

NINEMIA MARITIME CORPORATION v. TRAVE SCHIFFAHRTSGESELLSCHAFT m.b.H. UND CO. K.G. (THE "NIEDERSACHSEN")

[1983] 2 Lloyd's Rep. 600

COURT OF APPEAL

Before Lord Justice Eveleigh, Lord Justice Kerr and Lord Justice Dillon

Practice - Mareva injunction - Sale of ship - Buyers obtained Mareva injunction against sellers- Sellers applied for discharge of injunction - Principles to be applied - Likelihood of buyers' success at trial - Risk of dissipation of assets - Whether injunction should be discharged.

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