Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

STOCZNIA GDANSKA S.A. v. LATVIAN SHIPPING CO. LATREEFER INC. AND OTHERS

[1998] 1 Lloyd's Rep. 609

HOUSE OF LORDS

Before Lord Goff of Chieveley, Lord Lloyd of Berwick, Lord Hoffmann, Lord Hope of Craighead and Lord Hutton

Shipbuilding contract - Default in payment - Rescission - Shipbuilders to build six refrigerated cargo vessels - Payment in instalments - Notice given of keel laying for hulls 1 and 2 - Instalment not paid - Contract rescinded - Whether shipbuilders entitled to recover keel laying instalment.

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