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C. Czarnikow, Ltd. v. Koufos

2 Lloydโ€™s Rep. 457 (Lords 1967)

tl;dr: Plaintiff chartered Defendant vessel to sell their sugar in Basra, with an option to continue to Jeddah (not exercised). However, unexpected delays in the delivery caused the sugar to fetch a much lower price than it otherwise would have.

IRACIssue, Rule, Analysis, Conclusion

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Facts & Holding

Facts:Plaintiff chartered Defendant vessel to sell their sugar in Basra,...

Holding:Affirmed. The question is whether on the information available to...

C. Czarnikow, Ltd. v. Koufos

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