KRONOS WORLDWIDE LIMITED v. SEMPRA OIL TRADING S.A.R.L. [2004] EWCA Civ 03
[2004] 1 Lloyd's Rep. 260
COURT OF APPEAL
Before Lord Justice Thorpe, Lord Justice Mance and Mr. Justice Evans-Lombe
Contract - Demurrage - Laytime - Contract for supply of oil - Allegation that letter of credit to be opened promptly - Whether laytime did not run until after letter of credit opened - Whether buyer entitled to demurrage.