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In your own words describe how the judges reached their decisions on the issue of whether or not the loss of profit, arising from the fall in the price of sugar, could be recovered as damages in the case of:
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Law of Obligations 1: The Law of Contract Question: In your own words describe how the judges reached their decisions on the issue of whether or not the loss of profit, arising from the fall in the price of sugar, could be recovered as damages in the case of: The Heron II: C Czarnikow Ltd v Koufos [1969] 1 AC 350 28 November 2006 Introduction This essay will examine the judgements of five Lords concerning the case of Heron II and attempt to determine how the House of Lords reached their decisions. The case was first decided at Commercial Court (Queen's Bench Division) in favour of the defendant. This decision was reversed by the Court of Appeal (1966) and consequently affirmed by the House of Lords (1967). Brief background The respondent chartered the appellant's ship to load 3,000 tons of sugar at Constanza and to carry it to Basrah. The ship owner had in breach of contract delayed...
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