Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

SHEARSON LEHMAN HUTTON INC. AND ANOTHER v. MACLAINE WATSON & CO. LTD. AND OTHERS (No. 2).

[1990] 1 Lloyd's Rep. 441

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Webster

Damages - Measure of damages - Interest - Sale and purchase of tin - Non-acceptance - Whether there was an available market for sale of tin - Whether necessary to consider price which might be obtained if sale concluded in one day - Measure of damages to be applied - Appropriate rate of interest which should be awarded - Sale of Goods Act, 1979, s. 50(3).

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