PUMICE AGGREGATES LTD. v. LEP CHARTERING LTD.
[1976] 1 Lloyd's Rep. 529
COURT OF APPEAL
Before Lord Justice Cairns and Lord Justice Roskill
Charter-party (Time)-Charterers let space on their vessel-Defendants agreed to take over time charter-Net profits to be split 50-50- Whether defendants or their associate company accountable for 50 per cent.-O. 14 proceedings-Whether defendants had an arguable defence.