Statoil ASA v Louis Dreyfus Energy Services LP (The “Harriette N”) – QBD (Com Ct)(Aikens J) – 29 September 2008

Sale of goods (cif) – Demurrage – Whether contract contained demurrage time bar clause – Meaning of “accept/except” during contract negotiations – Whether parties subsequently concluded binding contract compromising demurrage claim – Unilateral mistake – Whether equitable jurisdiction to grant rescission where unilateral mistake not forming term of contract – Whether demurrage claim presented in time

(2008) 754 LMLN 1