Public Company Rise v Nibulon SA – QBD (Comm Ct) (Hamblen J) [2015] EWHC 684 (Comm) – 24 March 2015

Sale of goods – Contracts for sale of Ukrainian feed corn – Ukrainian government issuing export quota restrictions – Whether sellers discharged from liability to perform contracts – GAFTA Prohibition Clause

Pursuant to three contracts, the claimant sellers agreed to sell 158,000 mt of Ukrainian feed corn to the defendant buyers on CPT terms (carriage paid to) for delivery at the buyers’ transhipment terminal.