Lloyd's Maritime Law Newsletter
Clipper Maritime Co. Ltd. of Monrovia v. Mineralimportexport - Q.B.D. (Com.Ct.) (Robert Goff J.) - 29 June 1981
Mareva injunction - Conditions imposed on plaintiff - Protection of innocent third parties generally
In Searose Ltd. v.
Seatrain (U.K.) Ltd.
-
LMLN 34 - certain conditions were imposed upon the granting of a
Mareva
injunction to prevent it bearing harshly on a third party bank. In the present case, the relevant asset was not a bank account
but cargo or bunkers on board a vessel within the jurisdiction. Mr. Justice Robert Goff imposed similar terms on the plaintiff
in order to protect a third party port authority which might otherwise have suffered financially as a result of the injunction.