Marconi claimed damages for the defendant’s alleged breach of contract in respect of the latter’s failure to honour its obligations as a confirmer of a Letter of Credit. Marconi alleged that Panin Bank wrongfully failed to accept drafts properly drawn upon it and presented to it under the terms of that credit.
Citations:
[2004] EWHC 129 (Comm), [2004] 1 Lloyd’s Rep 594
Links:
Jurisdiction:
England and Wales
Citing:
Cited – Bank Melli Iran v Barclays Bank Ltd 1951
. .
Cited by:
Appeal from – Pt Pan Indonesia Bank Ltd Tbk v Marconi Communications International Ltd CA 27-Apr-2005
The parties disputed the jurisdiction of the English courts over a letter of credit. It foresaw payment here and in sterling, made by the English bank as against the appropriate documents. Authority had been given for service out of the . .
Cited – Brown and Others v InnovatorOne Plc and Others ComC 19-Jun-2009
The claimants served proceedings by fax. The defendants denied that it was effective saying that they had not confirmed that they were instructed to accept service or that as required by the rules they had confirmed that they would accept service by . .
Lists of cited by and citing cases may be incomplete.
Banking
Updated: 09 June 2022; Ref: scu.192697