PC (Bahamas) The Board was asked whether a sub-participation agreement, entered into between two banks in respect of part of a eurobond issue, conferred upon the sub-participating bank any proprietary interest in the underlying bonds or their proceeds.
PC Bahamas
Judges:
Lord Bingham of Cornhill, Lord Nicholls of Birkenhead, Lord Hoffmann, Lord Hobhouse of Woodborough, The Rt. Hon. Justice Tipping
Citations:
Appeal No 41 of 2001, [2002] UKPC 27, [2002] 2 All ER (Comm) 992
Links:
PC, Lloyds TSB Bank plc v.’ target=’_n’>PC, Bailii, PC
Commonwealth, Banking
Updated: 06 June 2022; Ref: scu.174486