Hongkong and Shanghai Banking Corporation v Kloeckner & Company A.G.

JurisdictionEngland & Wales
Date1989
CourtQueen's Bench Division
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20 cases
  • Re Kaupthing Singer and Friedlander Ltd: Newcastle Building Society v Mill and Others
    • United Kingdom
    • Chancery Division
    • 8 April 2009
    ...12 The correctness of that conclusion was considered by Hirst J in Hong Kong and Shanghai Banking Corporation v Kloeckner & Co AG [1990] 2 QB 514. In that case Hirst J considered the availability of a legal set-off in two distinct contexts arising from dealings between the Bank, Gatoil and ......
  • Coca-Cola Financial Corporation v Finsat International Ltd and Others
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 25 April 1996
    ...judge rejected the argument that Article 5.7 was unenforceable. In doing so he followed the decision of Hirst J in Hong Kong & Shanghai Banking Corporation v. Kloeckner [1990] 2 QB 514. In that case the bank brought an action for the trading balance due from the defendants of about US$ 8,00......
  • Citibank NA v Lee Hooi Lian and Another
    • Singapore
    • High Court (Singapore)
    • 15 April 1999
    ...Pte Ltd v Société Générale [1989] 1 SLR (R) 97; [1989] SLR 229 (refd) Hongkong and Shanghai Banking Corporation v Kloeckner & Co AG [1990] 2 QB 514 (folld) Conveyancing and Law of Property Act (Cap 61, 1994 Rev Ed) s 25 Land Titles Act (Cap 157, 1994 Rev Ed) s 75 (2) Supreme Court Act 1981 ......
  • PT Adaro Indonesia v Rabobank
    • Singapore
    • High Court (Singapore)
    • 28 May 2002
    ... ... 1.    The Plaintiffs are a company incorporated in Indonesia and ... are engaged in ... to the Plaintiffs (Hong Kong and Shanghai Banking Corp v Kloeckner & Co AG ... [1989] 3 AER ... ...
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2 firm's commentaries
  • IFI Update, June 2009 - Part 2
    • United Kingdom
    • Mondaq United Kingdom
    • 14 July 2009
    ...Assemblies Ltd v. Westminster Bank Ltd [1971 1 QB 1, at 34, Hirst J in Hong Kong and Shanghai Banking Corp. v. Kloeckner & Co. AG [1990] 2 QB 514 and the Court of Appeal in Coca-Cola Financial Corp. v. Finsat International Ltd [1998] QB 43 and notwithstanding the very old decisions in L......
  • Setting Off For Iceland
    • United Kingdom
    • Mondaq United Kingdom
    • 17 September 2009
    ...In line with the authority of the decisions in the cases of Hong Kong and Shanghai Banking Corporation v Kloeckner & Co AG [1990] 2 QB 514 and Coca-Cola Financial Corporation Finsat International Ltd [1998] QB 43, the Chancellor found that parties could exclude a right of set-off. He he......
1 books & journal articles
  • The impact of the Personal Property Securities Act on assignments of accounts.
    • Australia
    • Melbourne University Law Review Vol. 37 No. 2, August - August 2013
    • 1 August 2013
    ...Ltd [1977] 1 WLR578, 584-5 (Templeman J). (99) PPSA s 80(2). (100) Hong Kong and Shanghai Banking Corporation v Kloeckner & Co AG [1990] 2 QB 514, 521 (Hirst (101) Brice v Bannister (1878) 3 QBD 569, 581 (Bramwell LJ). (102) PPSA s 80(3) states that any modification is only effective ag......

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