JUDICIAL SALES OF SHIPS – A ROCKY ROAD TO UNIFICATION.

The purpose of this paper is to point out the main goal of unification with regard to the international recognition of legal effects that arise upon the judicial sales of ships. The paper seeks to briefly outline the most significant provisions of the CMI draft of the International Convention on Foreign Judicial Sales of Ships and their Recognition, summarise the CMI’s efforts in trying to find an appropriate forum to serve as a vehicle to transform this draft into an international convention, and provide a summary of the drafting work carried out so far by UNCITRAL. [ABSTRACT FROM AUTHOR]