Ince Podcasts

Take or pay: does a breach of capacity obligation cause loss?

February 07, 2021 Ince Season 1 Episode 18
Ince Podcasts
Take or pay: does a breach of capacity obligation cause loss?
Show Notes

In this podcast, Chris Kidd explains the recent Court of Appeal ruling in British Gas Trading Limited v Shell UK Limited, Esso Exploration & Production UK Limited concerning a “take or pay” arrangement, in which the British Gas, the buyers of natural gas were only entitled to nominal damages despite Shell's breach of their capacity obligations as sellers.

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