STOCZNIA GDYNIA SA v GEARBULK HOLDINGS LTD

[2008] 2 Lloyd's Rep. 202

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Burton

Shipbuilding contracts - Delay - Purchaser terminating contracts for repudiatory breach - Whether purchaser entitled to terminate for accepted repudiation - Whether contracts ousted common law right to terminate for accepted breach - Whether contract excluded builder’s liability for damages - Whether purchaser terminated contracts solely in reliance on contractual termination provisions.