KRUPP HANDEL G.m.b.H. v. INTERMARE TRANSPORT G.m.b.H. (THE "ELBE ORE")
[1986] 1 Lloyd's Rep. 176
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Bingham
Arbitration - Sealed open offer - Disputes as to responsibility for collision and correctness of deductions referred to arbitration - Sealed open offer made by charterers in course of arbitration proceedings - Whether owners accepted offer in settlement of entire claim - Whether offer had lapsed and incapable of acceptance.