LMA Quarterly Briefing Q2 2017: Deutsche Bank AG, London Branch v CIMB Bank Berhad

In this briefing, Brian Cain, a solicitor in the LexisPSL Banking & Finance team, looks at the case of Deutsche Bank AG, London Branch v CIMB Bank Berhad [2017] EWHC 1264 (Comm). The case considers the rights and obligations that arise between an issuer of a letter of credit and a confirming party that makes payment to a beneficiary.

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