Appeals Judges Weigh Maritime Precedents
Presiding over the appeal are Justices Stephen Phillips, Christopher Nugee, and Colin Birss, who grilled both parties on the line between breach-based termination and recoverable economic losses in commercial shipping contracts.
Wright cautioned the judges against setting a precedent that might “override the compensatory principle” without contractual backing. Meanwhile, Lewis pushed the court to affirm that commercial common sense dictated holding negligent sellers financially accountable for deals gone awry.
