| IN THE DISTRICT COURT OF HAIFA, ISRAEL | |
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SITTING AS THE ADMIRALTY COURT |
ADMIRALTY FOLIOS: 35,36/03 |
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NOTICE OF JUDICIAL SALE OF THE VESSEL M/V " CITY OF LIVERPOOL "
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1. |
OFFERS FOR THE PURCHASE OF THE HEREINAFTER DETAILED VESSEL, "AS IS |
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WHERE IS", FREE OF ANY DEBTS, LIENS OR THIRD PARTY RIGHTS, ARE HEREBY INVITED, BY THE UNDERSIGNED CO-RECEIVERS OF THE VESSEL, APPOINTED BY THE ADMIRALTY COURT IN HAIFA. |
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| THE VESSEL IS PRESENTLY ARRESTED AT HAIFA PORT. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OFFERS SHOULD BE SUBMITTED IN WRITING, NOT LATER THAN 4th MAY, 2003 16:00 HRS, TO EITHER OF THE UNDERSIGNED CO-RECEIVERS. EACH OFFER SHOULD BE ACCOMPANIED BY A CASH DEPOSIT OR BY AN IRREVOCABLE CONFIRMED BANK GUARANTEE ISSUED BY AN ISRAELI BANK MADE OUT TO THE ORDER OF ANY OF THE UNDERSIGNED RECEIVERS, FOR 10% (TEN PERCENT) OF THE OFFER. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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THE CASH DEPOSIT OR BANK GUARANTEE SHALL BE RETURNED TO UNSUCCESSFUL OFFERORS AND SHALL BE FORFEITED SHOULD THE SUCCESSFUL OFFEROR REVOKE HIS OFFER, AFTER THE APPROVAL OF HIS OFFER BY THE COURT. |
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2. |
THE ACCEPTANCE OF ANY OFFER, IS IN THE SOLE DISCRETION OF THE COURT. |
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THE CO-RECEIVERS ARE NOT OBLIGED TO ACCEPT, OR TO RECOMMEND TO THE COURT TO ACCEPT, ANY OFFER WHATSOEVER. |
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THE OFFERS SHALL BE SUBMITTED TO THE COURT AND ON THE 5TH MAY 2003 14:00 AN AUCTION WILL TAKE PLACE BEFORE THE HONORABLE JUDGE MR. O. GERSHON. THE COURT WILL HAVE A FULL AND ABSOLUTE DISCRETION TO ACCEPT ANY OFFER, TO REJECT ANY OFFER, TO CONDUCT AN AUCTION, PUBLIC OR OTHERWISE, AMONGST ALL OR ANY OF THE OFFERORS, OR TO ACT IN ANY OTHER MANNER, AS THE COURT MAY DEEM FIT |
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3. |
THE CO-RECEIVERS HEREBY CLARIFY AND NOTIFY THAT ALL FUELS ARE NOT | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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INCLUDED IN THE PURCHASE |
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4. |
THE PARTICULARS OF THE VESSEL ARE AS HEREUNDER STATED. THESE |
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PARTICULARS WERE PROVIDED BY THE VESSEL'S COMMAND AND THE UNDERSIGNED CO-RECEIVERS SHALL NOT BE RESPONSIBLE THEIR CORRECTNESS AND/OR AS TO THEIR ACCURACY. IN ALL CIRCUMSTANCES IT SHALL BE THE SOLE AND ABSOLUTE RESPONSIBILITY OF THE OFFERORS TO INSPECT THE VESSEL AND TO SATISFY THEMSELVES AS TO ALL DETAILS CONCERNING OR RELATING TO THE VESSEL |
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John Harris, Advocate |
Ephraim Glazberg, Advocate | |||
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2, Palmers Gate P.O.BOX 33199, 31331 Haifa, Israel |
"Zim" Building, 7-9 Pal-Yam Ave. P.O.B. 400, 31003 Haifa, Israel |
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| Telephone: | ++972 4 8627067 | Telephone: |
++972 4 8663483 |
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| Fax: | ++972 4 8625257 | Fax: |
++972 4 8660794 |
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| Email: | glazlaw@netvision.net.il | |||
| CO-RECEIVERS FOR THE M/V "CITY OF LIVERPOOL" | ||||