Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

GATOR SHIPPING CORPORATION v. TRANS-ASIATIC OIL LTD. S.A. AND OCCIDENTAL SHIPPING ESTABLISHMENT (THE "ODENFELD")

[1978] 2 Lloyd's Rep. 357

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Kerr

Charter-party (Time)-Repudiation-Plaintiffs made a loan to owners on basis that charter represented full bargain between owners and charterers-Hire assigned to plaintiffs-Side letter incorporating funding arrangements not revealed to plaintiffs- Owners failed to comply with obligations in side letter-Whether charterers entitled to treat charter as repudiated.

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