M & J POLYMERS LTD v IMERYS MINERALS LTD
[2008] 1 Lloyd's Rep. 541
QUEEN’S BENCH DIVISION (COMMERCIAL COURT)
Before Mr Justice Burton
Sale of goods - Penalty clauses - Contract for the supply of dispersants - “Take or pay” clause - Whether buyer had right to reject the goods - Whether take or pay clause amounted to a penalty clause - Whether defendant had ordered required minimum amount of goods.