VIRANI LIMITED v. MANUEL REVERT Y CIA S.A.
[2004] 2 Lloyd's Rep. 14
COURT OF APPEAL
Before Lord Justice Ward, Lord Justice Tuckey and Mr. Justice Lightman
Damages - Currency - Breach of contract - Sale of cloth - Price denominated in Spanish pesetas - Buyers failing to take delivery - Appropriate currency in which sellers’ loss should be assessed - Whether damages should be assessed in U.S. dollars or euros.