NATIONAL INFRASTRUCTURE DEVELOPMENT CO LTD v BANCO SANTANDER SA
 1 Lloyd's Rep. 361
COURT OF APPEAL
Before Lord Justice Longmore,Lord Justice Clarke
Banking - Letter of credit - Bank issuing standby letters of credit in lieu of retention money under construction contract - Bank refusing to honour beneficiary's demands â Beneficiary applying for summary judgment - Test for summary judgment - Whether bank had reasonable prospect of establishing fraud - CPR Part 24.