“…ap counterparty to recover payments made under a void swap, the decision of Hobhouse J in Westdeutsche Landesbank Girozentrale v Islington LBC (“Westdeutsche”) [1994] 4 All ER 890 and that of Clarke J in South Tyneside MBC v Svenska International plc (“Svenska”) [1995] 1 All ER 545.…”
“…ot dependent upon any equitable or restitutionary principle (see Westdeutsche Landesbank Girozentrale v Islington London BC, Kleinwort Benson Ltd v Sandwell BC [1994] 4 All ER 890, [1994] 1 WLR 938). It was not an action for an account. Although there was an element of repetition in the defendants’ breaches, it was not a case of a contin…”
“…Act: Kleinwort Benson Ltd v Sandwell Borough Council [1994] 4 All ER 890, 942-943, per Hobhouse J, not questioned by the House of Lords in Kleinwort Benson Ltd v Lincoln City Council…”