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“Coral Rose” Atlas Maritime Co. S.A. -v- Avalon Maritime Ltd.

14th Jun 1991

[1991] 2 Lloyd’s Rep. 374; [1991] 1 W.L.R. 917;[1991] 1 W.L.R. 633

Jonathan Gaisman and Alistair Schaff – Practice – Mareva injunction – Variation

Practice – Mareva injunction – Discharge – Sale of ship – Dispute as to validity of contract – Mareva injunction obtained – Court ruled valid contract in existence – Remaining issues to be referred to arbitration – Whether Mareva injunction should be discharged

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