[1980] 2 Lloyd’s Rep. 1; [1980] 2 All ER 29; [1979] 1 Lloyd’s Rep. 130

Timothy Saloman – Contract – Shipbuilding – Guarantee – Buyers defaulted in payment – Plaintiffs rescinded contract – Whether rescission based on contractual right – Writ issued after contract rescinded – Whether there was an accrued right to unpaid instalments before date of rescission.