Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

MUR JOINT VENTURES BV v COMPAGNIE MONEGASQUE DE BANQUE

[2017] Lloyd's Rep. Plus 8

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Cranston

Banking - Guarantee - Bank issuing demand guarantee to claimant in respect of joint operations agreement - Claimant making demand under guarantee - Whether demand had to include statement of authentication of powers of signatory - Whether demand defective because not signed by authorised representatives of claimant acting jointly - Whether demand invalid for not being sent by registered mail.

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