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BACK TO CASE LAW SELECTIONKleinwort Benson LTD vs Malasian Mining Corporation (1989)Rose and Frank Co. v J R Crompton & Bros (1923)Esso Petroleum Co. Ltd v Commissioners of Customs and Excise (1976)Edwards v Skyways Ltd (1969)
Commercial and business dealings.
Malaysian Mining Corporation had a subsidiary business called Metals LTD of which Kleinwort lent £10 Million. The parent company, Malaysian Mining Corporation, refused to guarantee a loan but instead issued a comfort letter that stated that their intenti
A firm sold paper for tissue manufactures. They acted as their New York agents. In the contract that was signed, the firm gained sales and distribution rights for three years. This also had an option to extend the time. There was a clause inserted in the
During a World Cup, Esso had agreed to give away free World Cup coins with every four gallons of petrol. As this was happening, the Customs and Excise department wanted to claim purchase tax from the transaction. However this meant showing that the arrang
An agreed ex gratia payment that an employer failed to pay during a redundancy situation had the claimant suing successfully.
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