SUMMARY A property developer obtained a loan facility from Lloyds Bank PLC (the “Claimant”) in the sum of £2,625,000.00 (the “Facility”), which figure was subsequently reduced to approximately £2,500,000.00 (the “Revised Facility Amount”) for the redevelopment of a bingo hall (the “Development”). McBains Cooper Consulting Limited (the “Defendant”) was appointed as the project monitor surveyor
SUMMARY The claimant in this matter was Lehman Brothers Special Financing Inc. (the “Claimant”) and the defendant was National Power Corporation (the “First Defendant”). The First Defendant’s claim was subsequently transferred to the First Defendant’s successor, Power Sector Assets And Liabilities Management Corp (the “Second Defendant”). The First and Second Defendant were wholly owned and
BACKGROUND & SUMMARY The appellant in this matter was MWB Business Exchanges Centres Ltd (“MWB”), a company who managed serviced offices in London. The respondent in this matter was Rock Advertising Limited (“Rock”). MWB and Rock entered into a licence agreement (the “Agreement”) for the occupation of certain office space (the “Premises”) for a fixed