GREENLAND BANK LTD (IN LIQUIDATION) v AMERICAN EXPRESS BANK LTD
[2009] Lloyd's Rep Plus 15
COURT OF APPEAL
Before Lord Justice Ward, Lord Justice Hughes and Lord Justice Rimer
Performance bonds – Performance bond provided by bank
on behalf of another bank – Requesting bank entered into liquidation –
Performance bond not renewed – Requesting bank seeking return of deposit – Whether
performance bond had expired.