Morgan Grenfell and Co Ltd v Welwyn Hatfield District Council; Islington London Borough Council (Third Party): QBD 1 Jun 1993

Swap contracts are commercial or financial contracts, and are ultra vires for local authorities, and are unenforceable against them.

Citations:

Times 01-Jun-1993

Jurisdiction:

England and Wales

Local Government

Updated: 09 April 2022; Ref: scu.83830