Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

AFOVOS SHIPPING CO. S.A. v. R. PAGNAN AND F.LLI (THE "AFOVOS")

[1983] 1 Lloyd's Rep. 335

HOUSE OF LORDS

Before Lord Hailsham of St. Marylebone, L.C., Lord Diplock, Lord Keith of Kinkel, Lord Roskill, and Lord Brightman.

Charter-party (Time) - Hire - Non-payment - Owners withdrew vessel - Whether withdrawal valid - Whether charterers could rely on owners' bank's negligence or estoppel - Whether charterers entitled to relief against forfeiture - New York Produce Exchange form.

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