Read the full judgment text of CACV 000393/2007 on BabelCite. This Court of Appeal judgment was delivered on 5 June 2008 before Rogers VP, Le Pichon JA.
Shipping law – charterparty – sale of deteriorating cargo – court order for sale – expenses of sale – whether pre-order expenses recoverable – interpretation of plain wording – daily hire rate – rate immaterial where fund exhausted – appeal dismissed – order for release of funds to 1st defendant's solicitors and costs to 2nd defendant from 6th defendant – reasonable expenses include all costs of transporting and unloading cargo – no merit in appeal
Legal issues: Scope of reasonable expenses of sale · Applicable daily hire rate
Outcome: Appeal dismissed; the order of Reyes J dated 3 December 2007 stands.