NICHIMEN CORPORATION v. GATOIL OVERSEAS INC.
[1987] 2 Lloyd's Rep. 46
COURT OF APPEAL
Before Lord Justice Kerr Lord Justice Woolf and Sir John Megaw
Sale of goods (f.o.b.) - Repudiation - Letter of credit - Sellers alleged buyers failed to establish letter of credit by latest date permissible - Sellers treated buyers as wrongfully repudiating contract - Sellers claimed summary judgment - Whether buyers had an arguable case.