UNITED CITY MERCHANTS (INVESTMENTS) LTD. AND GLASS FIBRES AND EQUIPMENT LTD. v. ROYAL BANK OF CANADA AND OTHERS (No. 2)
[1979] 2 Lloyd's Rep. 498
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Mocatta
Banking - Letter of credit - Illegality - Whether letter of credit in breach of Peruvian exchange control regulations - Whether letter of credit enforceable - Bretton Woods Agreement Order in Council, 1946.