Maritime liens are extendable to cargo already delivered finds US court
The Third Circuit Court of Appeals in the US has told a maritime carrier it can contractually extend its common law possessory liens over a bankrupt debtor’s cargo in its possession, to cover unpaid shipping charges - including for different shipments of cargo already delivered.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.