Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

RAIFFEISEN ZENTRALBANK ÖSTERREICH AG v CHINA MARINE BUNKER (PETROCHINA) CO LTD

[2008] Lloyd's Rep Plus 18

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mrs Justice Gloster

Banking – Irrevocable payment undertaking issued by buyers of oil to claimant bank – Whether undertaking enforceable by bank or by sellers of oil – Whether bank had given consideration.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.