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ARTICLE · 20 APRIL 2016

Which Assets Can Be Taken Through Arrest?

Dr Hassan Elhais
Dr Hassan Elhais
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Dr Hassan Elhais

Dr Hassan Elhais

Dr. Hassan Elhais, along with the team of legal consultants and prominent local lawyers across the...

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Except in specific circumstances, an arrest may be made of not only the vessel to which the claim relates but any other vessel owned by the defendant at the time the claim occurs.

United Arab EmiratesTransport

Except in specific circumstances, an arrest may be made of not only the vessel to which the claim relates but any other vessel owned by the defendant at the time the claim occurs. However, if the dispute relates to ownership, mortgage, possession or profits resulting from use of the vessel the no further arrest of vessels can be made.

The FML also accepts any debts that confer priority rights against a vessel, including judicial costs in the sale or protection of a vessel, port dues, claims for salvage, collisions or assistance or hull insurance among others.

The sale of the vessel in question cannot be conducted until after a final judgment is reached by the court. A court order will stipulate the price for which the vessel should be sold and the date on which the sale must happen, amongst other aspects.

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