United Kingdom mitigationcollateral benefitscharterparties

The New Flamenco (Globalia Business Travel SAU v Fulton Shipping Inc)

[2017] UKSC 43

JurisdictionUnited Kingdom

CourtUnited Kingdom Supreme Court

Year2017

StatusBinding authority

Key Principle

Mitigation in charterparty damages; sale of vessel during market downturn was a collateral benefit not to be set off against damages for early redelivery

Area of Law

shipping

Related Cases

Classic Maritime Inc v Limbungan Makmur SDN BHD [2019] EWCA Civ 1102

BV Nederlandse Industrie van Eiprodukten v Rembrandt Enterprises Inc [2019] EWCA Civ 596

Volcafe Ltd v Compania Sud Americana de Vapores SA [2018] UKSC 61

Ask CommonBench about this case

Get a detailed analysis of The New Flamenco (Globalia Business Travel SAU v Fulton Shipping Inc) and how it applies to your situation.

Explain The New Flamenco (Globalia Bus...