Kareltrust v Wallace and Cooper Engineering (Lyttelton) Ltd - [2000] 1 NZLR 401

Admiralty — Action in rem — Statutory claim in rem contrasted with maritime lien — Forfeiture of vessels — Effect of subsequent release or redemption — Transfer of ownership of vessels — Whether transaction relating to sale voidable — Fisheries Act 1996, s 62.

Commercial law — Financing arrangement — Transfer of ownership of vessels — Whether transaction relating to sale voidable — Property Law Act 1952, s 60.