25 Jul 1978
NAN FUNG TEXTILES 2ND MILL LTD v. TEXTURED YARN SALES LTD
- Citation
- NAN FUNG TEXTILES 2ND MILL LTD v. TEXTURED YARN SALES LTD
- Court
- Court of First Instance
- Case number
- HCA402/1977
The court found the printed back terms were operative, the defendant wrongfully repudiated by refusing deliveries, the 18 October 1976 letter recorded a compromise obliging the defendant to take 150,000 yards (with export of 100,000 yards) but did not create a concluded contract for the remaining 309,501 yards; damages awarded for the refused 24,366.5 yards equal contract price $5.80 minus market $5.20 = $14,619.90, nominal $1 damages for the remainder, costs to be borne by each party, and interest on the judgment from 1 December 1976.