Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

FORTH SHIPBUILDING & ENGINEERING CO., LTD. v. TONNEVOLD.

(1923) 14 Ll.L.Rep. 212

COURT OF APPEAL.

Before Lord Justice Bankes, Lord Justice Scrutton and Lord Justice Atkin.

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 - Motion for Security for Costs.

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