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Bank of Ireland v AMCD Property Holdings and others

(2001) 2 All ER (Comm) 894

Court: High Court
Date of Judgment: 19.03.01
Hugh Norbury QC

The claimant sought summary judgment in relation to an advance made under a facility letter and associated guarantees. The Defendants unsuccessfully sought to argue that the advance was outside the terms of the facility letter and / or that on its true construction in the context of the case, "on demand" did not entail immediate payment


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