National Infrastructure Development Company Ltd v Banco Santander SA
| Jurisdiction | England & Wales |
| Neutral Citation | [2016] EWHC 2990 (Comm) |
| Date | 2016 |
| Year | 2016 |
| Court | Queen's Bench Division (Commercial Court) |
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1 cases
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West Kowloon Cultural District Authority v Aig Insurance Hong Kong Ltd
...of a claimant's belief was emphasized by Knowles J in National Infrastructure Development Company Limited v Banco Santander S.A. [2016] EWHC 2990 (Comm) at [10]-[13]: “10 The first of the three main points taken by the defendant is the contention that the claimant has stated that sums are d......
2 firm's commentaries
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Recent Cases On Standby Letters Of Credit Does The Issuing Bank Have To Pay?
...Co. Ltd. v. BNP Paribas [2016] EWHC 2508 (the BNPP Case); National Infrastructure Development Co. Ltd. v. Banco Santander S.A. [2016] EWHC 2990 (the Santander Case); and Petrosaudi Oil Services (Venezuela) Ltd v. Novo Banco S.A. [2016] EWHC 2456 (the Novo Banco Case). This note looks at the......
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Recent cases on standby letters of credit – does the issuing bank have to pay?
...Co. Ltd. v. BNP Paribas [2016] EWHC 2508 (the BNPP Case); National Infrastructure Development Co. Ltd. v. Banco Santander S.A. [2016] EWHC 2990 (the Santander Case); Petrosaudi Oil Services (Venezuela) Ltd v. Novo Banco S.A. [2016] EWHC 2456 (the Novo Banco Case). This note looks at the key......
1 books & journal articles
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Demand Guarantees in the Construction Industry: Recent Developments in the Law Relating to the Fraud Exception to the Independence Principle
...Uzinterimpex JSC vStandard Bank plc [2007] 2 Lloyd’s Rep 187 para 107;National Infrastructure Development Co Ltd v Banco Santander SA [2016] EWHC 2990 Commparas 11 et seq.DEMAND GUARANTEES IN THE CONSTRUCTION INDUSTRY 403© Juta and Company (Pty) the central aspect of knowledge of the benef......