Commodities in Focus Weekly - Issue 73
Ayhan Sezer Yag ve Gida Endustrisi Ticaret Ltd Sirket v Agroinvest SA – London Circuit Commercial Court clarifies meaning of "date of default" under GAFTA Default clause for anticipatory repudiatory breach
On 5 March 2024 the London Circuit Commercial Court handed down judgment in Ayhan Sezer Yag ve Gida Endustrisi Ticaret Ltd Sirket v Agroinvest SA [2024] EWHC 479 (Comm), finding, among other things, that, in the case of an anticipatory repudiatory breach, the "date of default" in clause 23(c) ("Default") of Gafta Contract No. 100, was the date of breach by the defaulting party.
Click here to read more.
分享文章
相关专业知识
相关文章
Mind the gap: Strait of Hormuz disruption - risk allocation for traders and charterers
Trade & Commodities
A time to suit: lessons from The Taikoo Brilliance on carrier’s liabilities and deck cargo
Maritime, Trade & Offshore
Section 68 of the Arbitration Act 1996: when the high bar can be cleared
Trade & Commodities
Well Heeled - April 2026
Maritime & Offshore