Terminating a contract may hinge on intention to fulfil
by
RICHARD MABANE
—
last modified
Mar 15, 2010 09:11 AM
If you need to back out of a contract, your long-term conduct may be taken into account, reports RICHARD MABANE*
IN THE difficult and volatile shipping markets of the last 18 months, many parties have found themselves wishing to terminate contracts where their counterparty seemed unable or unwilling to perform.
However, as the recent case of SK Shipping (S) PTE...
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