Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

STOCZNIA GDANSKA S.A. v. LATVIAN SHIPPING CO., LATREEFERS INC. AND OTHERS

[1996] 2 Lloyd's Rep. 132

COURT OF APPEAL

Before Lord Justice Staughton, Lord Justice Rose and Lord Justice Hutchison

Shipbuilding contract - Default in payment - Rescission - Shipbuilders to build six refrigerated cargo vessels - Payment in instalments - Notice given of keel laying for hulls 1 and 2 - Instalment not paid - Contract rescinded - Whether shipbuilders entitled to recover keel laying instalment.

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