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Transfield Shipping Inc v Mercator Shipping Inc [2008] UKHL 48 |
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On 9 July 2008 the House of Lords gave judgment in this important case on foreseeability in contract damages, holding that the implication of the limits of damages liability involved the application of the same techniques of interpretation as used in the implication of a term as a matter of construction. Whether or not a party is liable for foreseeable losses depends on whether they are not of the type or kind for which he can be treated as having assumed responsibility.
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