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Lloyd's Shipping & Trade Law

Aden Refinery Co v Gunvor SA [2019] EWHC 3555 (Comm)

Renegotiation by agent

A contract for the sale of three cargoes of gasoil was concluded, but performance was postponed and the market price fell. Did the contract price follow suit, and did the efforts of the buyer’s agent in finding a solution bind the buyer?

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