Bem Dis A Turk Ticaret S/A Tr v International Agri Co Ltd; ‘SELDA’: ComC 31 Oct 1997

References: [1998] 1 Lloyd’s Rep 416, Times 13-Dec-1997
Coram: Clarke J
At common law the buyer’s remedy for failure to perform a contract of sale of goods is to claim damages for non-delivery. Where, as here, there was an available market, the measure of damages is prima facie to be ascertained by the difference between the contract price and the market or current price of the goods at the time or times when they ought to have been delivered.
Arbitration appeal from Gafta. Construction of default clause 28 in Gafta – Form 100.
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