- April 15, 2011
Relevant event must cause actual delay
In Adyard Abu Dhabi v SDS Marine Services, the Commercial Court had to determine whether SDS could rescind two shipbuilding contracts and reclaim the sums it had paid to Adyard. Adyard had commenced proceedings, arguing that SDS could not rescind, as SDS had caused delays to the project. Adyard cited the prevention principle: the principle that SDS could not rely on the consequences … Continue reading Relevant event must cause actual delay →