QB [1978] QB 159
Owen (Edward) Engineering Ltd v Barclays Bank International Ltd
Type
Case
Court
Queen's Bench (England & Wales)
Jurisdiction
Qatar Financial Centre
Taxonomy
Lending & Security, Sale of Goods, Financial & Business Offences
Decision date
21 Jul 1977
Hearing/Judgment date
21 July 1977
Catchwords
Banking - Business Of Banking - Letters Of Credit; Performance Bonds - In General - Performance Bond - Duty Of Bank To Pay When Terms Complied With Unless Fraud Established - Sale Of Goods - Mercantile Contracts - Performance Guarantees And Bonds - Demand For Payment - Duty Of Bank - No Fraud Established