TRANS TRUST S.P.R.L. v. DANUBIAN TRADING COMPANY, LTD.
[1952] 1 Lloyd's Rep. 348
COURT OF APPEAL.
Before Lord Justice Somervell, Lord Justice Denning and Lord Justice Romer.
Contract-Breach by buyers-Measure of damages -Chain contracts-Failure by buyers to procure letter of credit in favour of sellers' suppliers-Liability of sellers to suppliers- Sellers' right of recovery from buyers- Impecuniosity of sellers-Contemplation of parties.