Litigation Recent Decisions 21/05/96
Bank’s claim against a local authority over rate swaps Kleinwort Benson v Birmingham City Council (1996). CA (Evans LJ, Saville LJ and Morritt LJ) 9/5/96. Summary: Bank’s claim to recover money lent to a local authority for ultra vires rate swap transactions upheld on the local authority’s appeal. Birmingham City Council’s appeal against the judgment […]