DAMON COMPANIA NAVIERA S.A. v. HAPAG-LLOYD INTERNATIONAL S.A. (THE "BLANKENSTEIN", "BARTENSTEIN" AND "BIRKENSTEIN")
[1985] 1 Lloyd's Rep. 93
COURT OF APPEAL
Before Lord Justice Stephenson, Lord Justice Fox and Lord Justice Robert Goff
Sale of ship - Non-performance - Buyers failed to pay deposit and sign agreement within time limit - Sellers sold ships elsewhere - Whether contract relied on by sellers not a concluded contract - Whether buyers bound by novation purportedly made on its behalf - Whether sellers could claim deposit.