AKTION MARITIME CORPORATION OF LIBERIA v. S. KASMAS & BROTHERS LTD. AND OTHERS (THE “AKTION”)

[1987] 1 Lloyd's Rep. 283

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr. Justice Hirst

Sale of ship - Non-acceptance - Condition precedent - Whether contract concluded with first defendants - Whether vessel in contractually deliverable state when tendered - Whether terms of contract condition precedent - Whether sellers in breach - Whether notice of readiness to deliver valid - Whether sellers entitled to damages for non-acceptance.