HFW Commodities Bulletin - March 2010

Mondaq Business BriefingUnited Kingdom Law Articles in English (2010)

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HFW Commodities Bulletin - March 2010

Relevance of hedging to damages claims under physical contracts By Martina Kelly

In its recent decision in Glencore Energy UK Limited v Transworld Oil Limited (3 February 2010), the High Court in London considered circumstances where a FOB contract was said to remain open for performance despite product not being delivered within the contractual delivery window.

In March 2008, Transworld sold a cargo...

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