BERLINER BANK A.G. v. KARAGEORGIS AND ANOTHER
[1996] 1 Lloyd's Rep. 426
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Colman
Practice - Jurisdiction - Failure to acknowledge service - Application by plaintiff for full trial - Whether Court had inherent jurisdiction to order trial on merits notwithstanding defendants’ failure to acknowledge service or serve defence.
Banking - Guarantee - Default - Plaintiffs granted banking facilities to defendants under guarantee - Default in loan agreements - Plaintiffs claimed on guarantees - Merits of claim.