SAFA LTD. v. BANQUE DU CAIRE
[2000] 2 Lloyd's Rep. 600
COURT OF APPEAL
Before Lord Justice Schiemann, Lord Justice Waller and Lady Justice Hale
Banking - Letters of credit - Summary judgment - Plaintiffs claimed as assignees of letters of credit - Application for summary judgment - Whether defendants had real prospect of defending claim at trial - Whether defendant could rely on defence of fraudulent demand - Whether plaintiffs entitled to summary judgment.