DREXEL BURNHAM LAMBERT INTERNATIONAL N.V. v. MOHAMED SCHAKER SALIM ABOU EL NASR AND ETABLISSEMENT ABOU NASR EL BASSATNI

[1986] 1 Lloyd's Rep. 356

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Staughton

Contract - Commodity futures - Closing out - Plaintiffs closed defendants' position - Whether plaintiffs made express or implied promise to close position on Feb. 24 - Whether plaintiffs bound to close defendants' position on Feb. 24 - Whether plaintiffs entitled to claim balance of losses on defendants' account.