Norgate Marine Management v. Genfreight Limited (The “Conti Will”)

In Admiralty Practice, In Rem Actions and Arrest on April 16, 2003 (Updated June 28, 2012)

This was an application, inter alia, to reduce the amount of security posted to release the vessel from arrest. The Court reduced the amount of security by 20% on the basis that the Court was satisfied that the claim would not succeed in full. The Court noted that the right of a Plaintiff to full security must be balanced so as not to be oppressive.