HELMVILLE LTD. v. ASTILLEROS ESPANOLES S.A. (THE "JOCELYNE")

[1984] 2 Lloyd's Rep. 569

QUEEN'S BENCH DIVISION(ADMIRALTY COURT)

Before Mr. Justice Lloyd

Admiralty practice - Issue estoppel - Vessel ordered to be sold by Belgian Court - Plaintiffs brought action in England - Alleged that vessel sold for less than true value - Whether defendants could rely on defence of res judicata - True market value of vessel - Whether defendants falsely inflated cost of repairs.