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International Corporate Rescue

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  •         Issue 1
  •         Issue 2
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Vol 18 (2021) - Issue 1

Article preview

Altera Voyageur Production Limited v Premier Oil E&P UK Ltd [2020] EWHC 1891 (Comm)

Richard Layther, Associate, Freshfields Bruckhaus Deringer LLP, London, UK

Synopsis
The High Court considered the contractual status of worked examples in a contract where the wording of the contract did not correspond with the worked examples. Altera Voyageur Production Limited ('Altera') claimed for an increased daily hire rate for a vessel on the basis of the worked examples. Premier Oil E&P UK Ltd ('Premier') counterclaimed that the worked examples did not reflect the commercial intention of the parties and that the wording of the contract should be preferred. The court held in favour of Altera finding that the worked examples showed the intention of the parties and that these could not be rewritten by the court.

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International Corporate Rescue

"International Corporate Rescue is a brilliant resource. The articles are always informative and interesting. It helps to keep me up to date with developments in insolvency and restructuring, both in England and many other jurisdictions."

Charlotte Cooke, Barrister, South Square

 

 

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