TRANSPACIFIC ETERNITY S.A. v. KANEMATSU CORPORATION AND ANOTHER (THE “ANTARES III”)

[2002] 1 Lloyd's Rep. 233

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice David Steel

Sale of goods (f.a.s.) - Title to goods - Rival claims by first and second defendants holding different bills of lading in respect of part cargo on board vessel - Whether presumption that property not to pass until payment displaced in f.a.s. contracts - Whether first or second defendants had title - Whether cargo had been paid for - Sale of Goods Act, 1979, ss. 17, 18, 19.