EMPRESA EXPORTADORA DE AZUCAR v. INDUSTRIA AZUCARERA NACIONAL S.A. (THE "PLAYA LARGA" AND "MARBLE ISLANDS")

[1983] 2 Lloyd's Rep. 171

COURT OF APPEAL

Before Lord Justice Stephenson, Lord Justice Ackner and Sir Sebag Shaw

Sale of goods (c. & f.) - Non-delivery - Sellers failed to deliver goods - Buyers paid for goods - Goods diverted elsewhere - Whether sellers in breach of contract - Whether sellers liable in conversion - Whether agreement to arbitrate covered tort of conversion - Whether buyers could recover moneys paid for goods - Whether contract frustrated.