Letters of Comfort Readdressed.

Mondaq Business BriefingNbr. 2003, May 2003

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Summary


Singapore's High Court examined HSBC v. Jurong Engineering Ltd.

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Extract


Letters of Comfort Readdressed.

In HSBC v Jurong Engineering Ltd1, the High Court of Singapore examined the expectation that legal consequences should attach to assurances given by a parent company in support of its subsidiary's o...

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