STX Mumbai is insolvency alone capable of amounting to an anticipatory breach of contract? Maybe, well at least in … – Hellenic Shipping News Worldwide
Background In a recent Singapore Court of Appeal case [1] the claimant supplied bunkers to the defendants ship. The terms of the bunker supply contract required payment within 30 days of delivery. Three days before payment fell due, the claimant demanded immediate payment for the bunkers by close of the same business day. The claimant…