Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

GOODEY AND SOUTHWOLD TRAWLERS LTD. v. GARRIOCK, MASON AND MILLGATE

[1972] 2 Lloyd's Rep. 369

QUEEN'S BENCH DIVISION

Before Mr. Justice Cusack

Sale of ship - Deposit and purchase money paid by plaintiff to ship-broker - Vessel sold to another purchaser - Monies not recovered by plaintiff - Whether contract of sale concluded - Liability of vendor - Whether plaintiffs' rights against vendor barred by suing ship-broker - Capacity in which ship-broker received deposit - Custom of trade. Ship-broker - Capacity in which deposit and purchase money received and held - Custom of trade.

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