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

[2015] 1 Lloyd's Rep. 97

COURT OF APPEAL

Before Lord Justice Moore-Bick,Lord Justice Briggs,Sir 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).