ICBC Financial Leasing Co Ltd v Consultants Group Commercial Funding Corporation (trading as CG Commercial Finance)

Contract – Construction. The Commercial Court made rulings in a case involving the financing of the construction of a number of ships. It held that, among other things, the making of an agreement between the claimant company and a group of financiers to fund construction had not breached the claimant's agreement with the defendant company by circumventing it, nor had doing so involved the improper use of confidential information.

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