STATOIL ASA v LOUIS DREYFUS ENERGY SERVICES LP (THE “HARRIETTE N”)

[2008] 2 Lloyd's Rep. 685

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Aikens

Sale of goods (cif) - Demurrage - Whether contract contained demurrage time bar clause - Whether parties concluded binding contract compromising demurrage claim - Unilateral mistake - Whether equitable jurisdiction to grant rescission where unilateral mistake not forming term of contract - Whether parties subsequently concluded second compromise agreement - Whether demurrage claim presented in time.