NATIONAL WESTMINSTER BANK PLC v RABOBANK NEDERLAND (NO 3)

[2008] 1 Lloyd's Rep. 16

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Sir Anthony Colman

Breach of contract - Defendant commencing proceedings in California in breach of obligation not to sue - Claimant successfully having Californian proceeding stayed - Entitlement of claimant to damages for breach of obligation not to sue - Whether damages representing costs on standard or indemnity basis - Whether costs of breach of contract action should be awarded on standard or indemnity basis - Interest.