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“Harriette N” Statoil Asa –v- Louis Dreyfus Energy Services Lp

29th Sep 2008

[2008] 2 Lloyd’s Rep. 685; [2009] 1 All ER (Comm) 1035

Michael Holmes – Sale of goods (cif) – Demurrage – Whether contract contained demurrage time bar clause – Whether parties concluded binding contract compromising demurrage claim – Unilateral mistake – Whether equitable jurisdiction to grant rescission where unilateral mistake not forming term of contract – Whether parties subsequently concluded second compromise agreement – Whether demurrage claim presented in time.

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