30 Jan 1985
DAI HAN COAL CORPORATION v. EUROPEAN ASIAN BANK, AKTIENGESELLSCHAFT
- Citation
- DAI HAN COAL CORPORATION v. EUROPEAN ASIAN BANK, AKTIENGESELLSCHAFT
- Court
- Court of First Instance
- Case number
- HCA7356/1982
On construction of the LG and the surrounding communications and conduct, Dai Han was the intended beneficiary of LG No. 505354 (and its amendments); the conversion into a performance bond did not render it revocable by EAB unilaterally; the claim presented complied with the guarantee's documentary requirements, therefore EAB was liable on the guarantee.