Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

DEN DANSKE BANK A/S AND OTHERS v SURINAM SHIPPING LTD

[2014] Lloyd's Rep Plus 52

PRIVY COUNCIL

Before Lord Mance JSC, Lord Kerr JSC, Lord Wilson JSC, Lord Toulson JSC and Sir Bernard Rix

Banking – Letter of credit – Spanish bank issuing letter of credit in favour of Mauritian company – Issuing bank asking Mauritian bank to advise credit to beneficiary – Whether Mauritian bank acted as confirming bank or advising bank.

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