Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

FIRST ENERGY (UK) LTD v. HUNGARIAN INTERNATIONAL BANK LTD.

[1993] 2 Lloyd's Rep. 194

COURT OF APPEAL

Before Lord Justice Nourse, Lord Justice Steyn and Lord Justice Evans

Banking - Contract - Negotiations for credit facilities to finance plaintiffs’ projects - Whether contract concluded before plaintiffs and bank - Whether bank’s employee had ostensible authority to sanction transaction.

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