Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

WAHDA BANK v. ARAB BANK PLC

[1994] 2 Lloyd's Rep. 411

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Clarke

Conflict of law - Proper law - Performance bond, advance payment guarantee and counter guarantee given in respect of contracts for supply of equipment and spares to Libya - Claim on counter guarantee - Whether proper law of counter guarantee Libyan law - Whether defendants entitled to leave to defend - R.S.C., O. 14.

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