FORTH SHIPBUILDING & ENGINEERING COMPANY, LTD. v. TONNEVOLD.
(1923) 14 Ll.L.Rep. 254
COURT OF APPEAL.
Before Lord Justice Bankes, Lord Justice Scrutton, and Lord Justice Younger.
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.