Owners Of M.v. Eleftherotria v. Owners Of M.v. Despina R House Of Lords A.C.

685 (1978)

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Nature of the Case

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Facts

Two Greek ships collided in April 1974 off Shanghai. On July 7, 1976, a settlement was arrived at under which it was agreed that the owners of Despina R should pay to the owners of the Eleftherotria 85% of the loss and damage caused by the collision. This was a tort case based on negligence. The award was given in a foreign currency, and this appeal resulted.