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'''English Court of Appeal: Thorpe and Patten LJJ and Sir Simon Tuckey: [2010] EWCA Civ 582, [2010] 1 CLC 829: 27 May 2010'''
Guy Philipps QC and James Cutress, instructed by Linklaters LLP, for the Defendant / Appellant Bank
Andrew Baker QC and Socrates Papadopoulos, instructed by Ince & Co, for the Claimants/Respondents Ship Buyers
'''SHIPBUILDING: LETTER OF GUARANTEE: CONTRACTUAL INTERPRETATION: EXTREME CONSEQUENCES REQUIRED TO DEPART FROM MEANING OF WORDS AS CONVEYED TO REASONABLE PERSON: NO DEPARTURE SIMPLY BECAUSE COURT WOULD REACH DIFFERENT BALANCE OF PARTIES’ INTERESTS AND OBLIGATIONS UNDER CONTRACT'''
'''Note: Leave to appeal to the the Supreme Court has been given in this case. The appeal is listed for hearing on 27 July 2011'''
'''Summary'''
