AYHAN SEZER YAG VE GIDA ENDUSTRISI TICARET LTD SIRKET V AGROINVEST SA

[2024] EWHC 479 (Comm), King's Bench Division, Commercial Court, His Honour Judge Pearce sitting as a High Court Judge, 5 March 2024

Contract – Sale of rape meal and soybean meal – Buyer withdrawing from contract – Anticipatory repudiatory breach – Event of default – Determination of date of default – Arbitration – GAFTA – Default clause – GAFTA Contract No 100, clause 23 – Arbitration Act 1996, section 69

By a contract concluded on 2 April 2018, the defendant Agroinvest had sold rape meal and soybean meal to the claimant Ayhan.