FORESTAL MIMOSA LTD. v. ORIENTAL CREDIT LTD.
[1986] 1 Lloyd's Rep. 329
COURT OF APPEAL
Before Lord Justice Croom-Johnson, Lord Justice Balcombe and Sir John Megaw
Banking - Irrevocable letter of credit - Defendants confirmed letter of credit - Whether Uniform Customs and Practice for Documentary Credits terms incorporated - Whether plaintiffs entitled to declaration that defendants responsible for acceptance and payment at maturity.