THE “SHIZELLE”
[1992] 2 Lloyd's Rep. 444
QUEEN’S BENCH DIVISION(ADMIRALTY COURT)
Before Mr. Adrian Hamilton, Q.C. (Sitting as a Deputy Judge of the High Court)
Sale of ship - Ship’s mortgage - Ship mortgaged to plaintiffs - Vessel and mortgage unregistered - Defendants bought vessel without knowledge, actual or constructive, of mortgage - Plaintiffs claimed under mortgage and arrested vessel - Whether defendants liable under mortgage.