Esal (Commodities) Ltd v Oriental Credit Ltd

JurisdictionEngland & Wales
Date1985
Year1985
CourtCourt of Appeal (Civil Division)
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46 cases
3 books & journal articles
  • RESTRAINING A CALL ON A PERFORMANCE BOND: SHOULD ‘FRAUD OR UNCONSCIONABILITY’ BE THE NEW ORTHODOXY?
    • Singapore
    • Singapore Academy of Law Journal No. 2000, December 2000
    • 1 December 2000
    ...Bocatra Construction Pte Ltd and Ors v Attorney General (No 2)[1995] 2 SLR 733, at 738; Esal (Commodities) Ltd v Oriental Credit Ltd[1985] 2 Lloyd’s Rep 546, at 549. Ultimately, it is a question of construction of the performance bond. Cf Alexander Loke, ‘Injunctions and Performance Bonds —......
  • Security for performance
    • United Kingdom
    • Construction Law. Volume II - Third Edition
    • 13 April 2020
    ...See also East Ayrshire Council v Zurich Insurance Public Limited Company [2014] CSOh 102 at [19]–[22], per Lord Malcolm . 204 [1985] 2 Lloyd’s rep 546. See also Meritz Fire and Marine Insurance Co Ltd v Jan De Nul NV [2010] EWhC 3362 (Comm) at [70], per Beatson J (airmed [2011] BLR 535 (CA)......
  • The Documentary Nature of Demand Guarantees and the Doctrine of Strict Compliance (Part 1)
    • South Africa
    • Juta South Africa Mercantile Law Journal No. , May 2019
    • 25 May 2019
    ...See alsoEsal (Commodities) Ltd and Reltor Ltd v Oriental Credit Ltd and Wells Fargo Bank NA; Banque duCaire SAE v WellsFargo Bank NA [1985] 2 Lloyd’s Rep 546 (CA); Goode op cit note 12 at 735-6; andRoss P Buckley ‘The 1993 Revision of the Uniform Customs and Practice for Documentary Credits......

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