HSBC Bank plc v Pearl Corporation SA and others

Bank – Bank loan. The claimant bank's claim against the fifth defendant (K) succeeded, in a case concerning two ship-finance loan agreements that K had guaranteed. The bank had already obtained judgment against the first to fourth defendant companies, which were linked to K. The bank's claim on the personal guarantees given by K was governed by Greek law. The Commercial Court held that K's defences under Greek Law failed, and that the bank was entitled to judgment against him.

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