TATE & LYLE REFINERIES LTD. AND OTHERS v. INTERNATIONAL COMMODITIES CLEARING HOUSE LTD.

[1975] 1 Lloyd's Rep. 477

COURT OF APPEAL

Before Lord Denning, M.R.,Lord Justice Roskill andSir John Pennycuick

Practice - Injunction - Sale of sugar on Paris sugar market by English sellers to French buyers - Performance of contracts by English sellers guaranteed by English clearing house - Dealings suspended on Paris sugar market - English sellers appearing to be indebted to French buyers because of suspension - Doubts as to effect of suspension - Proposed payment by English clearing house to French clearing house - Application by English sellers for injunction to restrain proposed payment - Whether injunction should be granted.