Economics
The Doctrine of Sequestration in Maritime Salvage Law
Quick fact
In many maritime jurisdictions, a salvor can apply for an order of sequestration, which places the salvaged vessel under court control, often preventing her from leaving port until the owner posts a suitable bond to secure the salvage claim.
Why this is interesting
When a ship is saved from ruin, what stops the owner from simply sailing away before paying the rescuer? Maritime law has a surprisingly powerful answer: the court can lock the ship's future until an oath is satisfied.