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Lloyd's Law Reports Plus

SEA EMERALD SA v PROMINVESTBANK – JOINT STOCKPOINT COMMERCIAL INDUSTRIAL AND INVESTMENT BANK

[2008] Lloyd's Rep. Plus 96

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Andrew Smith

Agency – Authority – Shipbuilding contract – Refund guarantee signed by employee of defendant bank – Whether signatory had authority to sign guarantee on behalf of bank – Whether bank ratified guarantee.

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