Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

SAVORY & CO. v. LLOYDS BANK.

(1932) 44 Ll.L.Rep. 231

HOUSE OF LORDS.

Before Viscount Buckmaster, Lord Blanesburgh, Lord Russell of Killowen, Lord Warrington of Clyffe and Lord Wright.

Banking - Negligence - Crossed bearer cheques stolen by employees of true owner-Cheques paid by employees into branch of defendant bank-Branch directed to credit employees' accounts at another branch-Duty of bank on opening of accounts-Inadequate information passed on by receiving branch to customer's branch-Bills of Exchange Act, 1882, Sect. 82

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