English Justice Finds Seller Of Ship Was Entitled To Unpaid Deposit

English Justice Finds Seller Of Ship Was Entitled To Unpaid Deposit

LONDON - An English justice on March 21 allowed the seller of a ship's appeal of an arbitration award, finding that the tribunal erred in deciding that it was not entitled to recover the amount of a deposit that the buyer failed to pay under the agreement (Griffon Shipping LLC v. Firodi Shipping Limited, No. $(2013$) EWHC 593 $(Comm.$), England and Wales High, Comm.).

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