Alliance Bank Ltd v Broom: 1864

The bank demanded security for its loan in circumstances in which it would otherwise have enforced payment. It made no promise not to demand payment but: ‘the [bank] did in effect give, and the defendant received, the benefit of some degree of forbearance; not, indeed, for any definite time, but, at all events, some extent of forbearance.’

Judges:

Sir Richard Kindersley V-C

Citations:

(1864) 2 Dr and Sm 289

Cited by:

CitedR v Her Majesty’s Attorney-General for England and Wales PC 17-Mar-2003
PC (From Court of Appeal of New Zealand) T had been a member of the British SAS. Other members had written books and the Army sought to impose confidentiality contracts or to impose a return to their unit. R . .
Lists of cited by and citing cases may be incomplete.

Banking, Contract

Updated: 30 April 2022; Ref: scu.220491