ARMADORA COMPANIA FRIGO LINEA S.A. AND ARMADORA COMPANIA NAVI FRUITA S.A. v. BENABO SHIPPING CORPORATION, BLACKWATER SHIPPING CORPORATION AND BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION (THE "ARIETTA" AND "JULIA")

[1985] 2 Lloyd's Rep. 50

COURT OF APPEAL

Before Lord Justice Stephenson and Lord Justice Lloyd

Sale of ship - Mareva injunction - Mortgagees power of sale - Sellers gave notice of repayment requiring payment of outstanding sum with interest - Whether buyers entitled to obtain Mareva injunction restraining mortgagees from exercising their power of sale.