Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

FORTH SHIPBUILDING & ENGINEERING COMPANY, LTD. v. TONNEVOLD.

(1923) 14 Ll.L.Rep. 554

COURT OF APPEAL.

Before Lord Justice Bankes, Lord Justice Scrutton and Lord Justice Younger.

Shipbuilding Contract-Completion by stated Date-Vessel of ready-Strike Clause -Action against Builder for Rescission and Repayment settled - Substituted Agreement - Instalments to be paid- Ship to be completed with Dispatch- Deduction from Price allowed-Effect of Subsequent Voluntary Liquidation of Shipbuilding Co. and Delay due to Strikes and Financial Position-Action for further Instalments due.

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