2 articles found with keyword "Buyers"
In a judgment handed down in December 2013, the Court of Appeal upheld the decision of Mr Justice Teare in the Commercial Court in Griffon Shipping LLC v. Firodi Shipping Limited. The decision confirms that the sellers’ remedy under clause 13 of the Norwegian Sale Form 1993 (NSF 93) where buyers fail to pay the deposit is a claim for the unpaid deposit and they are not
Shipbuilding: are buyers dictating contract terms?International Law OfficeTheshipbuildingmarket has experienced both peaks and troughs during the past few years. A look back at the contracts that were executed during this period suggests that it is not only contract price that is affected by market conditions.Shipbuilding...
2 articles found with keyword "Buyers"
In a judgment handed down in December 2013, the Court of Appeal upheld the decision of Mr Justice Teare in the Commercial Court in Griffon Shipping LLC v. Firodi Shipping Limited. The decision confirms that the sellers’ remedy under clause 13 of the Norwegian Sale Form 1993 (NSF 93) where buyers fail to pay the deposit is a claim for the unpaid deposit and they are not
Shipbuilding: are buyers dictating contract terms?International Law OfficeTheshipbuildingmarket has experienced both peaks and troughs during the past few years. A look back at the contracts that were executed during this period suggests that it is not only contract price that is affected by market conditions.Shipbuilding...
