DIAMOND CUTTING WORKS FEDERATION, LTD. v. TRIEFUS & CO., LTD.
[1956] 1 Lloyd's Rep. 216
QUEEN'S BENCH DIVISION.
Before Mr. Justice Barry.
Sale of goods-Repudiation by sellers-Sale of industrial diamonds to foreign buyers- Payment by letter of credit against registered air mail receipts-Need for export licence- Implied term - Alleged undue delay in opening letter of credit and obtaining export licence-Whether justifying repudiation.
Damages-Measure of damages-Non-delivery- Non-profit-making organization-Effect on measure of damages.