The Law Reports (Queen's Bench Division)
[1984] QB 713
[COURT OF APPEAL]
UBAF LTD.
[1981 U. No. 1970]
v.
EUROPEAN AMERICAN BANKING CORPORATION
1983 Nov. 1,
2;
Dec. 9
Dec. 9
Ackner and Oliver L.JJ.
Fraud
— Misrepresentation
— Creditworthiness
— Representation by bank organising syndicate loan
— Whether representation signed by party to be charged
— Whether signature of bank's assistant secretary constitutes signature of bank
—
Statute of Frauds Amendment Act 1828 (9 Geo. 4, c. 14), s. 6
Limitation of Action
— Negligence
— Accrual of cause of action
— Loan organised by bank
— Default on loan
— Lender alleging fraudulent and innocent misrepresentation against bank
— Bank's fiduciary duty to disclose information
— Whether claim in negligence statute-barred
—
Limitation Act 1980, (c. 58), s. 32(1)(b)
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