The Standard Steamship Owners’ Protection and Indemnity Association (Bermuda) Ltd v Oceanfast Shipping Ltd and Anr (The “Ainikolas I”) - QBD (Com Ct)(Mance J) - 7 March 1996

P & I Club sues shipowner and manager for unpaid calls - Whether defendants entitled to defend claims on basis that they have raised arguable defences

The plaintiff P & I Club claimed supplemental and release calls from the first defendant (who was the owner) and the second defendant (who was the manager) of the vessel Ainikolas I , which had been entered with the plaintiffs in respect of Protection & Indemnity risks between 8 September 1986 and 20 February 1992.