Statoil ASA v. Louis Dreyfus Energy Services LP (The “Harriette N”) – QBD (Comm. Ct.), 29 Sep 2008
MEANING OF “ACCEPT / EXCEPT” — TIME-BAR — CALCULATION ERROR — UNILATERAL MISTAKE — Seller Award
If a demurrage claim is paid, and later discovered to have contained an error, is there an obligation to pay the additional amount, even if the time bar has long since passed? When negotiating a contract, what is the meaning of the phrase “accept/except”?
To access this post, you must purchase Annual Subscription or 2 Year Subscription.