Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

BARCLAYS BANK, LTD. v. ASCHAFFENBURGER ZELLSTOFFWERKE A.G.

[1967] 1 Lloyd's Rep. 387

COURT OF APPEAL

Before Lord Denning, M.R., Lord Justice Harman and Lord Justice Salmon

Practice - Order 14 proceedings on bills of exchange by indorsees - Set-off and cross-claim against drawers raised by acceptors - Whether available against indorsees. Bill of exchange - Claim against acceptors by holders in due course - Whether holders for value - Whether set-off and cross-claim by acceptors against drawers available against holders.

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