HAUGESUND KOMMUNE AND ANOTHER v DEPFA ACS BANK WIKBORG REIN & CO (THIRD PARTY)

[2010] Lloyd's Rep. PN Plus 1

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Tomlinson

Banking and finance – Swap agreements – Investments – Loan agreements – Local government – Public law – Capacity – Authority – Legal advice by Norwegian lawyers – Negligence – Restitution – Mistake – Failure of consideration – Absence of consideration – Change of position – Norwegian law.