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Contract – Risk of Loss – F.O.B. Delivery Term – Copper Wire Theft (access required)

Southern Recycling, LLC v. Gibbs International, Inc. (Lawyers Weekly No. 002-080-16, 25 pp.) (Bruce Howe Hendricks, J.) 7:13-cv-03125; D.S.C. Holding: Where the delivery term of the parties’ contract for the purchase of scrap copper wire said, “F.O.B., loaded in bulk into Buyer’s 20’ sea container at Port of Manila, Philippines,” the seller bore the risk of ...

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