THE M/V “UNION GOLD” THE M/V “UNION SILVER” THE M/V “UNION EMERALD” THE M/V “UNION PLUTO”

[2014] 1 Lloyd's Rep. 53

QUEEN's BENCH DIVISION(ADMIRALTY COURT)

Before Mr Justice TEARE

Admiralty practice – Application by mortgagee for sale of vessels pendente lite – Mortgagee obtaining its own valuations and asking that vessels be sold at a certain price to a certain buyer – Whether court should depart from usual order that Admiralty Marshal should sell vessel by appraisement, advertisement and inviting bids.