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Lloyd's Law Reports

KYDON COMPANIA NAVIERA S.A. v. NATIONAL WESTMINSTER BANK LTD. AND OTHERS (THE "LENA")

[1981] 1 Lloyd's Rep. 68

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Parker

Banking - Letter of credit - Sale of ship - Payment to be on presentation and delivery of specified documents - Bank rejected documents as defective - Whether bank entitled to reject documents - Whether plaintiff entitled to be paid under letter of credit.

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