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Guardian Ocean Cargoes Ltd & Transorient Ship Cargoes & Middle East Agents v Banco Do Brasil SA
Judgment date: 28/02/1994
Court: EWCACiv
Judge: Lords Butler-Sloss, Mann, Saville
Citation:
[1994] 2 Lloyd's Rep 152;
Catchwords: Banking and finance; Borrowings; Negotiations for refinancing of ship finance; Status of three instalments paid during negotiations;
Practice and procedure; Interest; Claim for compound interest; Sums paid pursuant to negotiations which later failed;