The Lila Lisbon – Court of Appeal overrules High Court: cancellation by buyer under clause 14 of SALEFORM 2012 form alone entitles buyer to claim loss of bargain damages where seller negligently delays ship delivery | NorthStandard

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In a ground-breaking judgment where a memorandum of agreement (“MOA”) was cancelled under clause 14 of the Norwegian Saleform 2012, the Court of Appeal, in The Lila Lisbon (judgment available here), in overruling the High Court…

The Lila Lisbon – Court of Appeal overrules High Court: cancellation by buyer under clause 14 of SALEFORM 2012 form alone entitles buyer to claim loss of bargain damages where seller negligently delays ship delivery | NorthStandard

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