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Lloyd's Law Reports

LIBYAN ARAB FOREIGN BANK v. BANKERS TRUST CO.

[1988] 1 Lloyd's Rep. 259

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Staughton

Conflict of laws - Contract - Illegal performance - U.S. Government blocked Libyan interests and property - Whether plaintiffs entitled to balance of account in London branch of U.S. bank - Whether payment illegal - Whether bank failed to execute instructions and in breach of duty - Whether contracts frustrated.

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