[2001] EWHC 482 (Comm)
Stephen Hofmeyr QC led Gavin Geary in thiscase concerns fourteen supertrawlers built in Spain. The First and Second Claimants/Part 20 Defendants (“Bergen” and “Bolero”) are the registered owners of the supertrawlers. Bergen and Bolero are wholly owned subsidiaries of the Third Claimant/Part 20 Defendant (“Rybcomflot”). Rybcomflot is the successor, under an agreement dated 22 August 1990 (the “Substitution Agreement”), of a Soviet entity called VO Sovrybflot. Bergen and Bolero entered into head charters by demise with VO Sovrybflot on 13 July 1989. Under the terms of the Substitution Agreement Rybcomflot was substituted for VO Sovrybflot in those head charters.