Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

SHAMIL BANK OF BAHRAIN v. BEXIMCO PHARMACEUTICALS LTD.

[2004] 2 Lloyd's Rep. 1

COURT OF APPEAL

Before Lord Justice Potter, Lord Justice Laws and Lady Justice Arden

Conflict of laws - Choice of law - Loan - Defendants borrowers and guarantors of loans made by claimant bank - Loans governed by English law but subject to principles of Shari’a law - Whether agreement could have two governing laws - Whether reference to Shari’a law should be given effect - Contracts (Applicable Law) Act, 1990.

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