EXPORT CREDITS GUARANTEE DEPARTMENT v. UNIVERSAL OIL PRODUCTS CO. PROCON INC. AND PROCON (GREAT BRITAIN) LTD.
[1983] 1 Lloyd's Rep 448
COURT OF APPEAL
Before Lord Justice Waller, Lord Justice Slade and Sir Sebag Shaw
Banking - Guarantee - Promissory notes - Companies went into liquidation - Promissory notes dishonoured -Banks reimbursed by E.C.G.D. under guarantees - Whether E.C.G.D. entitled to be reimbursed by defendants.