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“Nea Tyhi” and “Nea Elpis” Nueva Fortuna Corporation V. Tata Ltd.; Nueva Esperanza Corporation V. Tata Ltd.

17th Jun 1999

[1999] 2 Lloyd’s Rep. 497

Robert Bright – Agency – Undisclosed principal – Joint venture partner and co-principal – Plaintiffs time chartered vessels to third party – Third party sub-chartered vessels to defendants – Default on charters – Plaintiffs claimed against defendants – Whether sub-charters sham contracts – Whether real relationship between defendant and third party that of disponent owners and charterers – Whether defendants undisclosed principal or joint venture partner and co-principal of third party

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