Quin-Sea Fisheries Limited v. The Broadbill I, 2013 FC 575

In Admiralty Practice, Stays of Proceedings on (Updated )

The plaintiff and defendants entered into an agreement whereby, in consideration of a loan by the plaintiff, the defendants granted a mortgage over the defendant vessel and agreed to make its catch available to the plaintiff for one year following the year the loan was repaid. The loan was repaid but the defendants failed to sell their catch to the …

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