Putting termination to the test
IF A shipyard fails to perform a shipbuilding contract, and the buyers cancel the contract, what damages are recoverable from the shipyard? The recent case of Stocznia Gdynia v Gearbulk Holdings has highlighted a potential hazard for buyers, and emphasised the need to take legal advice and to exercise care when cancelling a contract.
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792