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Lloyd's Law Reports

BNY MELLON CORPORATE TRUSTEE SERVICES LTD v LBG CAPITAL NO 1 PLC AND ANOTHER

[2016] 2 Lloyd's Rep. 119

SUPREME COURT

Before Lord Neuberger,Lord Mance,Lord Clarke,Lord Sumption,Lord Toulson

Contracts - Banking - Loan notes - Right to redeem - Capital Disqualification Event - Use of factual matrix when securities issued to a variety of creditors at different times - Interpretation of terms and conditions in light of changing regulatory provision.

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