Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

GENERAL PRODUCE CO. v. UNITED BANK LTD.

[1979] 2 Lloyd's Rep. 255

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Lloyd

Banking - Guarantee - Letter of lien - Plaintiff furnished deposit as security for defendants' loan to third party - Defendants' rights transferred to another bank - Whether plaintiffs entitled to return of deposit - Construction of letter of lien.

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