*Landesbank Hessen-Thuringen Girozentrale and others v Bayerische Landesbank, London Branch and another

Contract – Construction. In the course of litigation concerning the funding of the 'gherkin' premises in London, the Commercial Court considered the interpretation of cl 9.7 of the facility agreement between the parties. The court held that, on the true construction of the agreement, the claimants' interpretation was to be preferred.