Cargill International SA and Another v Bangladesh Sugar and Food Industries Corporation
| Jurisdiction | England & Wales |
| Date | 1996 |
| Year | 1996 |
| Court | Queen's Bench Division (Commercial Court) |
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49 cases
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Wuhan Guoyu Logistics Group Company Ltd Anor v Emporiki Bank of Greece SA
...rights and liabilities under the underlying contract: see Cargill International S.A. v Bangladesh Sugar & Food Industries Corp. [1996] 2 Lloyd's Rep 524 and Comdel Commodities Ltd v Siporex Trade S.A. [1997] 1 Lloyd's Rep. 424. That provides the answer to the 'windfall' argument, despite ......
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Good Living Company Pty Ltd as trustee for the Warren Duncan Trust No 3 v Kingsmede Pty Ltd
...84; 270 FCR 359 Boral Formwork v Action Makers [2003] NSWSC 713 Cargill International SA v Bangladesh Sugar and Food Industries Corp [1996] 4 All ER 563 Cargill International SA v Bangladesh Sugar and Food Industries Corp [1998] 1 WLR 461 Chidiac v Maatouk [2010] NSWSC 386 CIT Credit Pty Lt......
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New Civilbuild Pte Ltd v Guobena Sdn Bhd and Another
...must be paid over to the contractor (or the liquidator). See Cargill International SA & Anor v Bangledesh Sugar & Food Industries Corp [1996] 4 All ER 563. Whether Guobena`s call on the bond was fraudulant and/or unconscionable It was not disputed that the bond was an unconditional one paya......
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IIG Capital LLC v Van Der Merwe
...... Handed Down Judgment of WordWave International Limited A Merrill Communications Company 190 ... used in Hyundai Shipbuilding & Heavy Industries Co Ltd v Pournaras [1978] 2 Lloyd's Rep 502, ... of Morison J at first instance in Cargill International SA v BSFIC [1998] 2 All ER 406 . ......
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2 firm's commentaries
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IFI Update London, August/Octber 2008 - Part 1
...the seller) in pursuance of the underlying transaction: see Cargill International SA v. Bangladesh Sugar & Food Industries Corp [1996] 2 Lloyd's Rep 524 and Comdel Commodities Ltd v. Siporex Trade SA [1997] 1 Lloyd's Rep 424. The mechanics for making the refund were discussed in obiter ......
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On Demand Bonds: A Strategic Retreat?
...be maintained. [2015] EWHC 949 (TCC) 2013 EWCA (CIV) 1679 See Cargill International SA v Bangladesh Sugar and Food Industries Corp [1996] 4 All ER 563 International Quarterly is produced quartely by Fenwick Elliott LLP, the leading specialist construction law firm in the UK, working with cl......
2 books & journal articles
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RESTRAINING A CALL ON A PERFORMANCE BOND: SHOULD ‘FRAUD OR UNCONSCIONABILITY’ BE THE NEW ORTHODOXY?
...1 SLR 374, at para 39. 216 This passage was approved by Morison J in Cargill International SA v Bangladesh Sugar and Food Corporation[1996] 4 All ER 563, at 569. 217 Benjamim’s Sale of Goods, 5th Ed (London: Sweet & Maxwell, 1997) at para 23—238. 218 As stated in Beihai Zingong Properly Dev......
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INJUNCTING CALLS ON PERFORMANCE BONDS: RECONSTRUCTING UNCONSCIONABILITY
...LJ. For a more recent emphatic reiteration of the orthodoxy, see Cargill International SA v Bangladesh Sugar and Food Industries Corp[1996] 4 All ER 563, per Morrison J; affirmed by the Court of Appeal: [1998] 1 WLR 461. 2 [1999] 4 SLR 604 (CA). 3“We should add that the concept of ‘unconsci......