Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

WUHAN GUOYU LOGISTICS GROUP CO LTD AND ANOTHER v EMPORIKI BANK OF GREECE SA

[2014] Lloyd's Rep Plus 2

COURT OF APPEAL

Before Lord Justice Longmore, Lord Justice Rimer and Lord Justice Tomlinson

Guarantee - Contract for construction and sale of ship - Buyer's bank providing payment guarantee to seller in respect of second instalment of purchase price - Whether guarantee or demand bond.

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