Read the full judgment text of HCAJ 000232/1994 on BabelCite. This HCAJ judgment was delivered on 29 July 1994.
1. This is an application by the Defendants for the release of their vessel. The vessel was arrested on 28th June upon the basis of an affidavit by the Plaintiff's solicitor, Mr. Day, who very properly disclosed the existence of an arbitration clause in the charterparty between the parties, and that the object of the arrest was to obtain security because of a real risk that any arbitration award might be unsatisfied. The Defendants' application is not by summons or motion, but simply on notice t