Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

BROWN SHIPLEY & CO. LTD. v. AMALGAMATED INVESTMENT (EUROPE) B.V.

[1979] 1 Lloyd's Rep. 488

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Donaldson

Banking - Guarantee - Subrogation - Plaintiff paid under guarantee - Whether plaintiff obtained subrogation rights - Whether plaintiff could claim principal sum lent together with interest.

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