GAZETTE
JULY-AUGUST
amount of salvage the High Court
had taken the view that the measures
which should be taken should be as in
the two cases decided in 1950
(Guernsey
Coast)
and 1951
(Africa
Occidental),
respectively. The life-
boats in those cases involved ten
crew each, something which the High
Court had taken to be relevant, the
awards being £200 and £250
respectively. In arriving at the
remuneration to be awarded to the
Plaintiffs the High Court had taken
the figure of £250 and had used a
multiplier of 6 to allow for inflation
since the 1950/1951 period and in
view of the fact that ten crewmen
were involved in the earlier cases and
five crewmen in the present case, had
halved the resulting figure of £1500
to give a remuneration of £750 which
the High Court had awarded to the
Plaintiffs.
The Supreme Court affirmed the
judgment of the High Court save in
one respect — the multiplier used.
Held
(per Griffin J.) that the
multiplier should be that as applied to
earnings (not prices) and in the
circumstances decided that the
multiplier would have been 12 had
the attention of the High Court been
brought to the relevant issues of the
Irish Statistical Bulletin. The result
would have been a remuneration of
£ 1500 which sum was allowed by the
Supreme Court to the Plaintiffs.
Dermot Walsh and Others v. The
Owners of the M.V. "Ora et Labora"
— Supreme Court, (per Griffin J.,
with Kenny and Parke JJ). 6 April
1979 — unreported.
Summaries of judgments prepared by
Paula Scully, John Hooper, Francis
E. Sowman, Timothy Bouchier-
Hayes and edited by Michael V.
O'Mahony.
Deposit
Servicefor
Solicitors
Irish Intercontinental Bank offers you
a Deposit Service for amounts of over
IR£5,(XX) at excellent interest rates.
Rates are offered for Demand,
Notice, or Fixed Period Deposits and are
established to afford maximum advantage to
the Depositor of current trends in interest
rates.
Irish Intercontinental Bank is a
subsidiary of Krediethank N.V., Brussels one
of the leading banks in Europe.
Irish Intercontinental Bank is an
approved bank under Solicitors Accounts
Regulations and is an Authorised Trustee
Investment.
1 I
5
f
i s i s
For to-day's Rates
contact
Frank Cafferty
IRISH INTERCONTINENTAL
BANK LIMITED
91 Mcrrion Square. Dublin 2. 'IcI: (01) 760291. Telex: 25781 and 31658.