ABDUL MUHAMMED LAW PRACTICE
Caveat against arrest of a ship
How much does it cost to file a caveat against arrest of a ship in Nigeria?
How much does it cost to file a caveat against arrest of a ship in Nigeria?
It may cost a ship owner between 7,000,000 Naira – 5,500,000 Naira to file caveats against arrests in the five admiralty jurisdiction registries in Nigeria against the arrest in Nigeria of one ship.
I am Abdulateef Muhammed, an admiralty solicitor and the lead partner at Abdul Muhammed Law Practice. Filing a caveat against arrest is a proactive measure for protecting maritime interests and ensuring due process in potential arrest scenarios.
Allow me to provide details:
Legal Representation Fees: The primary cost involved in filing a caveat against the arrest of a ship in Nigeria is typically the legal fees.
Court Filing Fees: There are certain administrative costs associated with filing legal documents with the appropriate court or maritime authority. These court filing fees are built into the costs billed by the lawyer and are not paid in addition to the charges.
Documentation Costs: These costs are included in the overall legal fees and are not billed separately.
Miscellaneous Expenses: All expenses such as travel costs, communication expenses, and other miscellaneous items may arise during the process of filing a caveat against the arrest of a ship are also billed into the fees and as such are not paid separately.
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Ship owners should view the costs associated with filing caveats against arrest as investments in protecting maritime interests. By engaging experienced admiralty solicitor’s ship-owners and stakeholders can safeguard their assets in the dynamic maritime industry..
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