Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

CREDIT LYONNAIS v. P. T. BARNARD & ASSOCIATES LTD.

[1976] 1 Lloyd's Rep. 557

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Mocatta

Bill of exchange-Bills drawn in French by French sellers on English buyers - Bills accepted by buyers in England and returned to France-Bills dishonoured on presentation - Non est factum pleaded by buyers - Prohibition of export of bills in foreign currency-Whether bills illegal and void- -Exchange Control Act, 1947, s. 22 (1) (e) (iii).

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