BCC 209/2008

This case involved whether a legal reservation existed on a space shuttle. The court had the authority to decide if the conditions for a legal reservation existed and denied this had been a simple guarantee for a small value.

Background

A company filed a case against a company and requested the court to impose a legal reservation on the space shuttle ‘Buran' and order the company to pay $160000 and appoint an expert to estimate the expenses it had paid storing the shuttle.

The second company introduced a plea against the legal reservation. A German company intervened in the case based on the argument that it had bought the shuttle from the second company.

The court rejected the intervention of the German company and accepted the plea on the dismissal of the legal reservation and appointed an expert to consider the case.

The first company appealed the ruling before the court of appeal. The court upheld the appealed ruling.

Decision