This customs case involves a breach of contract involving commodities. The defendant is a national distributor of frozen fish, while the plaintiff is their supplier; they have a contract in place that ensured prices at market value. The plaintiff is now pursuing a case against the defendant for missing payments. The defendant, however, contends that they were overcharged, that they were not charged the appropriate amount based on reports from third-party sources, and that the plaintiff charged the frozen fish at “local market value” rather than a national market value.
Question(s) For Expert Witness
- 1. Please discuss your experience in calculating market prices for commodities such as frozen fish?
Expert Witness Response E-007848
Oftentimes contracts are not written tightly enough and the wording surrounding issues such as how a market price should be calculated leaves room for this type of situation. I am very experienced in analyzing markets and market data and would be interested in taking a look at this case. I also have prior experience in commercial litigation suits involving seafood, so I am familiar with some of the issues involved.
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