Dalwood Marine Co v. Nordana Line AS (The “Elbrus”) – QBD (Comm. Ct.), 21 Dec 2009
NYPE 1993 — TIME CHARTER — EARLY REDELIVERY — WRONGFUL CANCELLATION — CALCULATION OF DAMAGES — Charterer Award
After Charterer prematurely cancelled a time charter, Owner secured a lucrative replacement contract. In determining Owner’s damages, Charterer argued that the profits from the replacement contract should be weighed as a whole against the lost revenue from the early redelivery.
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