Read the full judgment text of HCA 005668/1986 on BabelCite. This High Court CFI judgment.
1. The plaintiff's claim is for breach of contract by the defendant for the purchase of 500,000 tonnes of rice at a total price of US$68,250,000. The plaintiff seeks payment by the defendant of the sum of US$2,047,500, being 3% of the contract price, under a liquidated damage clause.