Spellacy v. Marine Management Inc., 1998 No.4141, (Nfld. S.C.)

In Charters of Ships on (Updated )

The issue in this case was the brokerage fee to which the Plaintiff was entitled. The Plaintiff had negotiated a two year charter of a tug at $1,100.00 per day with an option to purchase for $900,000.00. The option to purchase was exercised. The Plaintiff argued that he was entitled to a 5% commission on the basis that he was …

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