Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

HYUNDAI HEAVY INDUSTRIES CO. v. PAPADOPOULOS AND OTHERS

[1980] 2 Lloyd's Rep. 1

HOUSE OF LORDS

Before Viscount Dilhorne, Lord Edmund-Davies, Lord Fraser of Tullybelton, Lord Russell of Killowen and Lord Keith of Kinkel

Contract - Shipbuilding - Guarantee - Buyers defaulted in payment - Plaintiffs rescinded contract - Whether rescission based on contractual right - Writ issued after contract rescinded - Whether there was an accrued right to unpaid instalments before date of rescission.

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