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Date: 19981203

Dossier: A-384-97

Coram :      PRATTE J.A.

         DESJARDINS J.A.

         DÉCARY J.A.

Between :      THIERRY VAN DOOSELAERE,

     FRANS G.A. DE ROY as Trustees in

     Bankruptcy of ABC Containerline N.V.,

     the Owners, Charterers and all others

     interested in the Ship "BRUSSEL" and

     THE SHIP "BRUSSEL"

     Appellants

     AND

     HOLT CARGO SYSTEMS INC.

     Respondent

     AND

     SOCIÉTÉ NATIONALE DE CRÉDIT A L'INDUSTRIE S.A.

     Intervenor

    

     Heard at Montreal, Quebec on Thursday, December 3, 1998


Judgment delivered from the Bench at Montreal, Quebec

on Thursday, December 3, 1998

REASONS FOR JUDGMENT OF THE COURT BY:      PRATTE J.A.


Date: 19981203

Dossier: A-384-97

CORAM:      PRATTE J.A.

         DESJARDINS J.A.

         DÉCARY J.A.

BETWEEN:

     THIERRY VAN DOOSELAERE,

     FRANS G.A. DE ROY as Trustees in

     Bankruptcy of ABC Containerline N.V.,

     the Owners, Charterers and all others

     interested in the Ship "BRUSSEL" and

     THE SHIP "BRUSSEL"

     Appellants

     AND

     HOLT CARGO SYSTEMS INC.

     Respondent

     AND

     SOCIÉTÉ NATIONALE DE CRÉDIT A L'INDUSTRIE S.A.

     Intervenor

    

     REASONS FOR JUDGMENT OF THE COURT

     (Delivered from the Bench at Montreal, Quebec

     on Thursday, December 3, 1998)

PRATTE J.A.

[1]      We cannot find fault with Mr. Justice MacKay's order. The Appellants' appeal and the Intervenor's cross-appeal will therefore be dismissed with costs.

     Louis Pratte

     j.c.a.

     FEDERAL COURT OF APPEAL


Date: 19981203

Docket: A-384-97

Between :

     THIERRY VAN DOOSELAERE,

     FRANS G.A. DE ROY as Trustees in Bankruptcy

     of ABC Containerline N.V., the Owners,Charterers

     and all others interested in the Ship "BRUSSEL"

     and THE SHIP "BRUSSEL"

     Appellants

     AND

     HOLT CARGO SYSTEMS INC.

     Respondent

     AND


SOCIÉTÉ NATIONALE DE CRÉDIT À

L'INDUSTRIE S.A.

     Intervenor

    

    

     REASONS FOR JUDGMENT

    

     FEDERAL COURT OF CANADA

     APPEAL DIVISION

     NAMES OF COUNSEL AND SOLICITORS OF RECORD

COURT NUMBER:              A-384-97

STYLE OF CAUSE:              THIERRY VAN DOOSELAERE,

                         FRANS G.A. DE ROY as Trustees in Bankruptcy

                         of ABC Containerline N.V., the Owners, Charterers

                         and all others interested in the Ship "BRUSSEL" and

                         THE SHIP "BRUSSEL"

     Appellants

                         AND

                         HOLT CARGO SYSTEMS INC.

     Respondent

                         AND

                         SOCIÉTÉ NATIONALE DE CRÉDIT A

                         L'INDUSTRIE S.A.

     Intervenor

PLACE OF HEARING:              Montreal, Québec

DATE OF HEARING:              December 3, 1998

Reasons for Judgment of the Court (Pratte, Desjardins, Décary JJ.A.) delivered from the bench by:

                         Pratte J.A.

DATED:                      December 3, 1998

     - 2 -

APPEARANCES:

Mr. David G. Colford              for the Appellants

Mr. Richard F. Southcott              for the Respondent

Mr. Louis Charette                  for the Intervenor

SOLICITORS OF RECORD:

Brisset Bishop                  for the Appellants

Montreal, Quebec

Stewart McKelvey Stirling Scales          for the Respondent

Halifax, Nova Scotia

McInnes Cooper & Robertson

Halifax, Nova Scotia

Lavery DeBilly                  for the Intervenor

Montreal, Quebec

        


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