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.