AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD v COMPAGNIE NOGA D’IMPORTATION ET D’EXPORTATION SA

[2007] Lloyd's Rep. Plus 27

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice David Steel

Settlement agreement – Allegation of fraud made against bank in proceedings against bank and other defendants – Settlement between bank and claimants on basis that allegations of fraud would not be repeated – Proper construction of settlement – Whether settlement contrary to public policy.