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“Anangel Express” Adriatic Mare Enterprises S.A. -v- Newco A.G.

13th May 1996

[1996] 2 Lloyd’s Rep. 299

Alistair Schaff and Charles Priday – Charter-party (Time) – Performance guarantee – Validity – Shipowners alleged defendants guaranteed performance obligations of charterers under time charter – Charterers failed to comply with obligations – Shipowners claimed under guarantee – Whether binding contract of guarantee entered into.