Ostfriesische Volksbank Eg v Fortis Bank: ComC 29 Jan 2010

Claim for 1 million Euros pursuant to an Advance Payment Guarantee given by the defendant bank in respect of the liability of Madenci Gemi Sanayi Ltd Sti, a Turkish company, to repay monies paid in advance to the builder for the construction of a vessel under a Shipbuilding Contract.

Judges:

Burton J

Citations:

[2010] EWHC 361 (Comm), [2010] 2 All ER (Comm) 921

Links:

Bailii

Jurisdiction:

England and Wales

Contract

Updated: 15 August 2022; Ref: scu.402963