FORTH SHIPBUILDING & ENGINEERING COMPANY, LTD. v. OB. THOMASSEN TONNEVOLD.
(1922) 13 Ll.L.Rep. 13
KING'S BENCH DIVISION.
Before Mr. Justice Bailhache.
Shipbuilding Contract-Completion by stated Date-Vessel not ready-Strike Clauses-Action against Builder for Rescission and Repayment settled- Substituted Agreement-Instalments to be paid-Ship to be completed with Dispatch-Deduction from Price allowed -Effect of Subsequent Voluntary Liquidation of Shipbuilding Co. and Delay due to Strikes and Financial Position -Action for further Instalments due.