EXIMENCO HANDELS A.G. v. PARTREDERIET ORO CHIEF AND LEVANTES MARITIME CORPORATION (THE "ORO CHIEF")

[1983] 2 Lloyd's Rep. 509

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Staughton

Sale of ship - Cancellation - Plaintiffs acting as intermediaries on behalf of third party - Plaintiffs failed to tender purchase price - Owners cancelled contract and sold vessel to second defendants - Whether owners obliged to deliver vessel to plaintiffs - Whether order for specific performance should be granted.