HYUNDAI HEAVY INDUSTRIES CO. v. PAPADOPOULOS AND OTHERS
[1980] 2 Lloyd's Rep. 1
HOUSE OF LORDS
Before Viscount Dilhorne, Lord Edmund-Davies, Lord Fraser of Tullybelton, Lord Russell of Killowen and Lord Keith of Kinkel
Contract - Shipbuilding - Guarantee - Buyers defaulted in payment - Plaintiffs rescinded contract - Whether rescission based on contractual right - Writ issued after contract rescinded - Whether there was an accrued right to unpaid instalments before date of rescission.