KING CRUDE CARRIERS SA AND OTHERS v RIDGEBURY NOVEMBER LLC AND OTHERS
[2024] 2 Lloyd's Rep 140
COURT OF APPEAL
Before Lord Justice Popplewell,Lord Justice Nugee,Lady Justice Falk
Contract – Ship sale – Deposit – Cooperation – Buyer of ship failing to take steps to place deposit in escrow – Condition precedent to payment of an accrued debt – Maxim that a person could not derive a benefit from their own wrong – Mackay v Dick principle.