HIGH COURT TO SET NEW PRECEDENT: DEPOSITARY BANKS SHOULD FACE LIABILITY

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05 Jan 2016 3:07 PM by Guadalupe. Lawyer Star rating. 261 forum posts Send private message

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A new precedent has been set up by High Court on December 2015: depositary banks should face liability under the provisions of 57/68 Act, no matter if the account wasn't called special or bank guarantees weren't given.

 

Further info on our blog:

 

http://gmlegalexperts.blogspot.com.es/2016/01/new-high-court-to-set-new-precedent.html

 

GM LEGAL EXPERTS




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