Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

BANCO CENTRAL S.A. AND TREVELAN NAVIGATION INC. v. LINGOSS & FALCE LTD. AND B.F.I. LINE LTD. (THE "RAVEN")

[1980] 2 Lloyd's Rep. 266

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Parker

Charter-party - Non-payment of hire - Sub-charterers guaranteed payment of hire due under bare-boat charter - Rights under bare-boat charter assigned to owners - Rights under assignment and guarantee assigned to bank - Whether bank could recover payment from sub-charterers - Whether sub-charterers could effect set-off.

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