Lloyds Bank Plc v McBains Cooper Consulting Ltd [2018] EWCA Civ 452 (15 March 2018)
Monday, 15 July 2019
SUMMARY A property developer obtained a loan facility from Lloyds Bank PLC (the “Claimant”) in the sum of £2,625,000.00 (the “Facility”), which figure was subsequently reduced to approximately £2,500,000.00 (the “Revised Facility Amount”) for the redevelopment of a bingo hall (the “Development”). McBains Cooper Consulting Limited (the “Defendant”) was appointed as the project monitor surveyor
- Published in 2019, Contract Law, English Law, News
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Lehman Brothers Special Financing Inc. v National Power Corporation and another [2018] EWHC 487 (Comm)(12 March 2018)
Tuesday, 30 April 2019
SUMMARY The claimant in this matter was Lehman Brothers Special Financing Inc. (the “Claimant”) and the defendant was National Power Corporation (the “First Defendant”). The First Defendant’s claim was subsequently transferred to the First Defendant’s successor, Power Sector Assets And Liabilities Management Corp (the “Second Defendant”). The First and Second Defendant were wholly owned and
- Published in English Contract Law, 2019, News
