Tag: NSF 2012
Loss of Bargain Damages in Singapore – To follow UK Decision?
In Great Asia Maritime Limited v Orion Shipping and Trading LLC [2026] UKSC 23, the UK Supreme Court held that a party who cancels a contract under an express contractual right, without needing to prove a repudiatory breach, can still recover loss of bargain damages. The reasoning is highly persuasive to a Singapore court, and…
