CZARNIKOW-RIONDA SUGAR TRADING INC. v. STANDARD BANK LONDON LTD. AND OTHERS

[1999] 2 Lloyd's Rep. 187

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Rix

Practice - Pre-trial injunction - Letters of credit - Allegation of fraud - Letters of credit in respect of documentary sales matured - Plaintiffs alleged fraud and obtained pre-trial ex parte injunction to prevent payment out - Whether fraud exception had been made out - Whether injunction should be continued - Whether balance of convenience against granting injunction - Allegation of failure to make full disclosure is seeking ex parte injunction - Whether an abuse of process.