M & J POLYMERS LTD v IMERYS MINERALS LTD
[2008] Lloyd's Rep Plus 30
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr Justice Burton
Sale of goods – Penalty clauses – Contract for the
supply of dispersants – “Take or pay” clause – Whether buyer had right to
reject the goods – Whether take or pay clause amounted to a penalty clause –
Whether defendant had ordered required minimum amount of goods.