Good Faith Between Banks - Honesty In A Workout Situation?

Mondaq Business BriefingUnited Kingdom Law Articles in English (2007)

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Good Faith Between Banks - Honesty In A Workout Situation?

In a recent decision of the English High Court, the Court considered the important question of the extent to which banks involved in a workout were under an obligation to disclose to each other information that was material to the other's decision-taking. In the case National Westminster Bank PLC v Rabobank Nederland [2007] ...

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