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Lloyd's Law Reports

SUPERIOR OVERSEAS DEVELOPMENT CORPORATION AND PHILLIPS PETROLEUM (U.K.) CO. LTD. v. BRITISH GAS CORPORATION

[1982] 1 Lloyd's Rep. 262

COURT OF APPEAL

Before Lord Justice Waller, Lord Justice Donaldson and Lord Justice Ackner

Contract - Construction - Price review clause in contract for sale of gas - Meaning of "substantial economic hardship" - Whether adjustment of price should compensate sellers for all hardship or only substantial hardship.

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