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Saipol S.A. v Inerco Trade S.A.

2014

COMMERCIAL COURT

United Kingdom

CORAM

  • MR JUSTICE FIELD

Areas of Law

  • Contract Law
  • Commercial Law

AI Generated Summary

Saipol SA appealed against a FOSFA arbitration tribunal decision limiting damages to the difference in value between sound and defective goods under section 53(3) of the Sale of Goods Act, 1979. The court found that the tribunal erred by not considering section 53(2) for consequential losses and failing to address joint contribution to contamination. Both questions of law were resolved in favor of Saipol, and the case was remitted to the tribunal for reconsideration.