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TITLE Supreme Court Order 2017Ma1442 Dated July 24, 2019【Objection to Order to Commence an Auction】 [full Text]
Summary
[1] Method for determining to which type of charter, among a bareboat charter, time charter, and voyage charter, a given charter belongs
[2] Whether Article 850(2) of the Commercial Act regarding a bareboat charter applies mutatis mutandis to a time charter, allowing a creditor with a lien over a time-chartered vessel to file a request for an auction of a shipowner’s vessel (affirmative)
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