MONTEBIANCO INDUSTRIE TESSILI S.p.A. v. CARLYLE MILLS (LONDON) LTD.
[1981] 1 Lloyd's Rep. 509
COURT OF APPEAL
Before Lord Justice Stephenson, Lord Justice Ackner and Sir Stanley Rees
Bill of exchange - Dishonour - Summary judgment in favour of sellers - Whether buyers had an arguable defence and counterclaim - Whether buyers should be given unconditional leave to defend - Whether order should be stayed.