FORTH SHIPBUILDING & ENGINEERING COMPANY, LTD. v. TONNEVOLD.
(1923) 14 Ll.L.Rep. 295
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.