Source: All England Reporter
Publisher Citation: [2004] All ER (D) 575 (Mar)
Court: Commercial Court
Judge:

Moore-Bick J

Representation Laurence Rabinowitz QC (instructed by Norton Rose) for the claimant.
  Mark Howard QC and David Quest (instructed by Coudert Brothers) for the defendants.
Judgment Dates: 31 March 2004

Catchwords

Contracts - Contractual term - Construction - Price review clause in long term energy supply contract - Definition of 'market price' in contract.

The Case

The court ruled on the proper construction of a price review clause in a long term energy contract between a member of the Exxon group and the Irish state-owned electricity board.

Practice Areas

If you are a LexisLibrary subscriber you can read more about this case here.