“…That statement, as set out in an earlier edition, was cited with approval by this Court in UBS AG v Kommunale Wasserwerke Leipzig GmbH [2017] EWCA Civ 1567; [2017] 2 CLC 584, at para. 83 (Lord Briggs and Hamblen LJ).…”
“… & Reynolds on Agency, 22nd Ed (2021) at para 1-001, and on the warning in the majority judgment in UBS AG (London Branch) v Kommunale Wasserwerke Leipzig GmbH [2017] EWCA Civ 1567, [2017] 2 Lloyd’s Rep 621 at [89] “against forcing into an agency relationship a relationship better explained in some other way, in particular where the suppo…”
“…A case in a very different context, and one involving criminal corruption, was UBS AG (London Branch) v Kommunale Wasserwerke Leipzig GmbH [2017] EWCA Civ 1567, [2017] 2 CLC 584. The facts were complex but, for present purposes, the salient facts were as follows. The claimant banks sought payment of substantial sums d…”