Admiralty – Appraisement and sale. The Queen's Bench Division, Admiralty Court, allowed an application by the mortgagee, Deutsche Bank Trust Company America, for an order for sale pendente lite of a vessel, which had been used as security, in part, for a loan of US$750,000,000 from Deutsche to a Brazilian conglomerate, Grupo Schahin. The application had been made following alleged events of default on the loan.