The defender, a name at Lloyds, had obtained three guarantees from the pursuers. Initial claims under the gurantees were made and paid, by the bank and defender in turn, but then further claims were made against the guarantees whch were met by the pursuers who now sought payment from the defender. The defender argued that they had acted fraudulently.
Judges:
Lord MacFadyen
Citations:
[1999] ScotCS 10
Links:
Jurisdiction:
Scotland
Scotland
Updated: 04 June 2022; Ref: scu.163442