STANDARD CHARTERED BANK v DORCHESTER LNG (2) LTD (THE "ERIN SCHULTE")

[2014] Lloyd's Rep Plus 100

COURT OF APPEAL

Before Lord Justice Moore-Bick, Lord Justice Briggs and Sir Bernard Rix

Carriage of goods by sea - Misdelivery - Title to sue - Whether confirming bank became lawful holder of bills of lading - Whether bank accepted delivery of indorsed bills - Meaning of "delivery" - Whether claim for money due under a letter of credit following presentation of conforming documents sounded in debt or damages - Whether transaction effected in pursuance of a contractual or other arrangement made before the bill of lading had become spent - Carriage of Goods by Sea Act 1992, sections 5(2)(b) and 2(2)(a).