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Lloyd's Law Reports

BANQUE SAUDI FRANSI v LEAR SIEGLER SERVICES INC

[2007] 2 Lloyd's Rep. 47

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.

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