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The Atlantic Baron
''North Ocean Shipping Co. Ltd. v. Hyundai Construction Co., Ltd.'' 979QB 705 is an English contract law case relating to duress. Facts Hyundai were shipbuilders who entered into a contract dated 10 April 1972 with North Ocean Shipping to build the oil tanker "Atlantic Baron". The price of ships was payable in five instalments, and the builders had agreed to a reverse letter of credit, for repayment of installments in the event of default on the construction. In 1973, after the first instalment was paid for a ship called the ''Atlantic Baron'', the US dollar was devalued. Hyundai said they would not deliver unless the price went up ten per cent. North Ocean was worried they would lose a favourable charter with Shell. They said they would pay the extra money in a telex on 28 June 1973 because they wished ‘to maintain an amicable relationship and without prejudice to our rights.’ North Ocean also asked for the letter of credit to contain a corresponding increase and this was d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alan Mocatta
Sir Alan Abraham Mocatta, Officer of the Order of the British Empire, OBE (27 June 1907 – 1 November 1990) was a British judge, an expert on restrictive practices and a leader of the Spanish and Portuguese Jews of Britain. Legal and military career After attending Clifton College and New College, Oxford, he was called to the bar at the Inner Temple in 1930. In World War II he first served as 2nd Lieutenant in 12 LAA Regiment, RA, TA, 1939, and was promoted to brigade major, 56 AA Brigade, 1940–41; to General Staff Officer, GSO (2) AA HQ BTNI, 1941–42; and finally to Lieutenant-Colonel General Staff, Army Council Secretariat, War Office, 1942-45. He was awarded the Order of the British Empire, OBE in 1944. Returning to his legal career after the end of the war, he was appointed Queen's Counsel, QC in 1951. He was elected a Bencher of his Inn in 1960. He served as a Judge of the High Court of Justice (Queen's Bench Division) from 1961 (the year in which he received his knight ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |