Libyan Arab Foreign Bank v Bankers Trust Company
| Jurisdiction | England & Wales |
| Judgment Date | 1988 |
| Date | 1988 |
| Year | 1988 |
| Court | Queen's Bench Division |
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51 cases
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Walsh v National Irish Bank Ltd
...Impex Services Worldwide Ltd [2004] BPIR 564; Joachimson v Swiss Bank Corporation [1921] 3 KB 110; Libyan Arab Bank v Bankers Trust Co [1989] 1 QB 728; Libyan Arab Foreign Bank v Manufacturers Hanover Trust Co [1988] 2 Lloyd's Rep 494; Libyan Arab Foreign Bank v Manufacturers Hanover Trust ......
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Hongkong and Shanghai Banking Corp Ltd v United Overseas Bank Ltd
...to maintain their United States dollar funds or credits. This is well illustrated by Libyan Arab Foreign Bank Co v Bankers Trust Co [1989] QB 728 where Staughton J said (at p 748): ... Dr Marcia Stigum [an expert witness] ... wrote: `Dollars deposited and dollars lent in wholesale Eurodolla......
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Fairfield Sentry Ltd ((in Liquidation)) & Krys v Citco Bank Nederland NV and Others
...Holdings plc [2006] UKPC 26, [2007] 1 AC 508, Clare & Co v Dresdner Bank [1915] 2 KB 576, Libyan Arab Foreign Bank v Bankers Trust Co [1989] QB 728, Walsh v National Irish Bank [2007] IEHC 325 (Unrep, McKechnie J, 4/5/2007), Joachimson v Swiss Bank Corporation [1921] 3 KB 110, Richardson v ......
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2 firm's commentaries
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Options for businesses when temporary COVID-19 restrictions make it illegal to perform a contract
...laws. Footnotes 1 PT Arutmin Indonesia v PT Thiess Contractors Indonesia [2013] QSC 332. 2 Libyan Arab Foreign Bank v Bankers Trust Co [1989] 3 All ER 252. 3 Cricklewood Property & Investment Trust Ltd & Ors v Leightons Investment Trust Ltd [1945] 1 All ER 252. 4 Gerraty v McGavin (......
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Lending To Russian And Ukrainian Borrowers: Financial Sanctions
...of obligations under a loan agreement being held to have been frustrated. It appears, however, from the Libyan Arab Foreign Bank case ([1989] 1 QB 728), concerning a proposed payment of US dollar funds in London that might result in the paying bank breaching US sanctions, that whilst it is ......
10 books & journal articles
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CONTRACTUAL ILLEGALITY AND CONFLICT OF LAWS
...Shaikh Faisal case [1995] 1 S.L.R. 394 at 414. 187 Per Staughton J. (as he then was) in Libyan Arab Foreign Bank v. Bankers Trust Co.[1989] 1 Q.B. 728 at 745F. See also Regazzoni v. K.C. Sethia (1944) Ltd.[1958] A.C. 301 at 320 per Viscount Simonds. 188 See Miller v. Karlinski(1945) 62 T.L.......
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Bank and Customer Relationships
...3, s. 461(4). 73 Ibid ., s. 461(2). 74 Continental Bank NA v. Aeakos Compania Navierra S.A. , [1994] 1 Lloyd’s Rep. 505 (C.A.). 75 [1988] 1 Lloyd’s Rep. 259 (Comm. Ct.). 76 Sierra Leone Communications Co. Ltd . v. Barclays Bank plc , [1998] 2 All E.R. 821 (Ch. D.) supports this approach by ......
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Table of cases
...34 Libyan Arab Foreign Bank v. Bankers Trust Co., [1989] Q.B. 728 ..................... 276 Lieu v. Nazarec (2006), 35 C.P.C. (6th) 76, [2006] A.J. No. 716, 2006 ABQB 421 ............................................................................................. 90 Lincoln-General Insuran......
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Bank Account Operation
...of whether it can be opened further, that is, where should the line be drawn between the public and private interests? 347 343 [1988] 1 Lloyd’s Rep. 259 (Q.B.D.). 344 [1992] B.C.L.C. 583 (Ch. D.). 345 [1998] 4 All E.R. 455 (Ch. D.). 346 [1994] 2 W.W.R. 260 (B.C.C.A.), leave to appeal to S.C......
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