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What is Shell Trading v. Lion Oil: Contract Dispute about?

This document summarizes a court case between Shell Trading (US) Company (STUSCO) and Lion Oil Trading & Transportation (LOTT) regarding four contracts for the delivery of crude oil in September 2008. Hurricanes disrupted oil production and delivery. LOTT paid the contract price for some deliveries but wanted to pay a lower market price for late "make-up" deliveries from STUSCO. STUSCO sued for breach of contract, arguing the contracts required payment at the original fixed contract price. The Court of Appe

Author

Alyssa Marie Martinez

Language

EN