Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

FLOATING DOCK LTD. v. THE HONGKONG AND SHANGHAI BANKING CORPORATION

[1986] 1 Lloyd's Rep. 65

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Evans

Banking - Letters of Credit - Sale of sections of floating dock - Bank refused to pay relying upon discrepancies which involved breaches of terms of the credits - Whether bank had previously agreed to pay against documents as presented - Whether bank estopped from denying that documents presented were in order.

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