BABCOCK FITZROY LTD v THE SHIP “M/V SOUTHERN PASIFIKA”
[2012] 2 Lloyd's Rep. 423
HIGH COURT OF NEW ZEALAND (AUCKLAND REGISTRY)
Before Justice Priestley
Admiralty practice — Priorities — Shiprepairer with possessory lien bringing action in rem — Vessel sold by Registrar pursuant to Admiralty process — Whether lien attached to proceeds of sale — Whether shiprepairer or mortgagee had priority over proceeds of sale.