Reimbursement under letters of credit
Reimbursement under letters of credit
In Societe Generale SA v Saad Trading [2011] EWHC 2424 (Comm), the claimant bank Societe Generale ('SG') claimed a sum of approximately USD50m against the applicant Saad Trading ('D1') pursuant to a facility letter, and the same sum against the guarantor Maan Abdulwahid Abdulmajeed Al-Sanea ('D2') in respect of a guarantee for D1's liability
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Zhang, Jingbo
e8b341f5-8100-400b-aa31-dc6dea7dc16d
November 2011
Zhang, Jingbo
e8b341f5-8100-400b-aa31-dc6dea7dc16d
Zhang, Jingbo
(2011)
Reimbursement under letters of credit.
Shipping & Trade Law, 11 (9), .
Abstract
In Societe Generale SA v Saad Trading [2011] EWHC 2424 (Comm), the claimant bank Societe Generale ('SG') claimed a sum of approximately USD50m against the applicant Saad Trading ('D1') pursuant to a facility letter, and the same sum against the guarantor Maan Abdulwahid Abdulmajeed Al-Sanea ('D2') in respect of a guarantee for D1's liability
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Published date: November 2011
Organisations:
Southampton Law School
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Local EPrints ID: 205497
URI: http://eprints.soton.ac.uk/id/eprint/205497
PURE UUID: 3c41e2b6-ad01-4c1c-9a8f-502d92e846ec
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Date deposited: 09 Dec 2011 11:12
Last modified: 11 Dec 2021 04:30
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