Uzinterimpex JSC v Standard Bank Plc

JurisdictionEngland & Wales
Judgment Date2007
Neutral Citation[2007] EWHC 1151 (Comm)
Year2007
Date2007
CourtQueen's Bench Division (Commercial Court)
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8 cases
  • Maybank Islamic Berhad v Aldwich Enviro-Management Sdn Bhd & 4 Ors
    • Malaysia
    • High Court (Malaysia)
    • 1 January 2015
  • Grosvenor Casinos Ltd v National Bank of Abu Dhabi
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 17 March 2008
    ...misrepresentation. The elements of the tort of deceit were usefully summarised by David Steel J in the recent case of Uzinterimpex JSC v Standard Bank plc [2007] EWHC 1151 (Comm); [2007] 2 Lloyd's Rep 187 at para 106 as follows: “It was common ground that Innovatsia's primary claim was in......
  • Uzinterimpex JSC v Standard Bank Plc
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 15 July 2008
    ...in same way as in case of other legal wrongs. This was an appeal by the claimant, Uzinterimpex, from a judgment of David Steel J ([2007] EWHC 1151 (Comm)) on its claim against the defendant bank, “SBL”. Uzinterimpex, an Uzbek state cotton trading company, agreed to sell 50,000 mt of cotton ......
  • Grosvenor Casinos Ltd v National Bank of Abu Dhabi [QBD (Comm)]
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 17 March 2008
    ...EWHC 2347 (Comm). Smith New Court Securities Ltd v Citibank NA [1996] CLC 1958; [1997] AC 254. Uzinterimpex JSC v Standard Bank plc [2007] EWHC 1151 (Comm); [2007] 2 Ll Rep 187. Stephen Phillips QC and James Evans (instructed by City Law) for the claimant. Stephen Auld QC and Richard Handys......
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4 books & journal articles
  • Security for performance
    • United Kingdom
    • Construction Law. Volume II - Third Edition
    • 13 April 2020
    ...Balfour Beatty Civil Engineering v Technical & General Guarantee Co Ltd (1999) 68 Con Lr 180; Uzinterimpex JSC v Standard Bank plc [2007] EWhC 1151 (Comm) at [107], per David Steel J. 242 AES-3C Maritza East 1 Eood v Crédit Agricole Corporate and Investment Bank [2011] BLr 249 at 257 [43]–2......
  • Table of cases
    • United Kingdom
    • Construction Law. Volume I - Third Edition
    • 13 April 2020
    ...pty Ltd [2007] NSWCa 31 I.3.107, I.3.132, I.5.118, II.13.100, III.18.05 Uzinterimpex JSC v Standard Bank plc [2008] EWCa Civ 819; [2007] EWhC 1151 (Comm) II.12.71, II.12.94 Vadasz v Bloomer Constructions (Qld) pty Ltd [2009] QSC 261 III.24.270 Vadasz v Gadaleta Steel Fabrication pty Ltd [20......
  • Punitive Damages and the Place of Punishment in Private Law
    • United Kingdom
    • Wiley The Modern Law Review No. 84-6, November 2021
    • 1 November 2021
    ...in order to indirectly secure a punishment for fraud’).142 Thus, Steel J was correct to say in Uzinterimpex JSC vStandard Bank Plc [2007] EWHC 1151(Comm) at [153] that ‘damages for deceit are compensatory not punitive’.143 n 133 above.144 ibid at [125].145 ibid at [169].146 The other two ju......
  • Demand Guarantees in the Construction Industry: Recent Developments in the Law Relating to the Fraud Exception to the Independence Principle
    • South Africa
    • Juta South Africa Mercantile Law Journal No. , September 2020
    • 20 September 2020
    ...many examples of judicial formulations of the ‘no honest belief’ requirement.See, for example, 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 ......

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