Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

HARLOW AND JONES LTD. v. AMERICAN EXPRESS BANK LTD. AND CREDITANSTALT-BANKVEREIN (THIRD PARTY)

[1990] 2 Lloyd's Rep. 343

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Gatehouse

Banking - Letter of credit - Discrepancies in documents under letter of credit - Documents to be sent “on collection basis only” - Defendants released documents to sub-purchasers - Bills of exchange dishonoured - Whether defendants liable.

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