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Negotiating contracts—practical points of interest (Nautica Marine Ltd v Trafigura Trading LLC ('The Leonidas'))

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Published on: 17 August 2020
Published by a LexisNexis Dispute Resolution expert

Table of contents

  • The effect of ‘subjects’—pre-condition or performance condition?
  • Assessing damages in the context of a performance condition

Article summary

Dispute Resolution analysis: Mr Justice Foxton, on 28 July 2020, handed down judgment in this important case concerning the effect of ‘subjects’ in commercial negotiations, which contains a number of significant points of interest to those negotiating contracts, particularly in the charter market.

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Jurisdiction(s):
United Kingdom

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