BANQUE SAUDI FRANSI v LEAR SIEGLER SERVICES INC
[2007] Lloyd's Rep. Plus 38
COURT OF APPEAL
Before Lady Justice Arden, Lord Justice Pill and Lord Justice Scott Baker
Banking – Performance bond – Claimant bank issuing
performance bond – Counter-indemnity given by defendant – Application by bank
for summary judgment on counter-indemnity – Allegation by defendant of fraud by
beneficiary – Whether bank entitled to summary judgment.