Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

ARCOS, LTD. v. LONDON & NORTHERN TRADING COMPANY, LTD., BRITAIN & OVERSEAS TRADING COMPANY, LTD., AND MONTAGUE L. MEYER.

(1932) 42 Ll L Rep 247

KING'S BENCH DIVISION.

Before Mr. Justice MacKinnon.

Sale of goods - Price - Sale of timber by plaintiffs to defendants - "The prices free on rail Riga are as stated . . . in contract between the sellers and the Central Softwood Buying Corporation . . . less £3 2s. 6d. per standard" - Subsequent reduction in price in Central Softwood Buying Corporation contract - Allegation by buyers that contract contained an implied term that price should be reduced by similar amount - Counterclaim for amount overpaid - "Goods to be delivered free from any Latvian duties and taxes up to the date of the signing hereof"

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