ADMIRALTY – SHIP ARREST – JUDICIAL SALE PENDENTE LITE – WASTING ASSET

When will an arrested vessel become a wasting asset? An analysis of the condition on MV Yih Shen, one of the first few vessels sold by the court in a judicial sale pendente lite proceeding.
ADMIRALTY – SHIP ARREST – SHERIFF’S EXPENSES

What is Admiralty Sheriff’s expenses? Who pays the Sheriff’s Expenses? The pitfall of Admiralty arrest.