Read the full judgment text of HCAJ 000361/1995 on BabelCite. This HCAJ judgment was delivered on 7 January 1997.
1. This application for summary judgment by the former Master and Crew of the ship "Gagich" (hereinafter referred to as the "Vessel") is an unfortunate aftermath of the collapse of the Greek Karagiorgis shipowning group, known as Silver Carriers group of companies which for convenience. I will refer to hereinafter as the "Silver Carriers Group". The Defendants herein were the owners of the Vessel and were part of the Silver Carriers Group. The fleet in the Silver Carrier Group was financed by th
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