EIGTVED & CO. v. NATIONAL BANK OF SCOTLAND.
(1926) 25 Ll.L.Rep. 99
KING'S BENCH DIVISION.
Before Mr. Justice Wright.
Sale of goods (salmon c.i.f.)-Confirmed credit opened with defendant (issuing) bank-Payment authorised by plaintiffs (buyers) on Liverpool bills of lading- Breach of duty of "correspondent" bank in accepting London bills of lading -Liability of issuing bank-Waiver- Ratification-Judgment for buyers.