National Westminster Bank Ltd v Halesowen: Difference between revisions

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Quoth Lord Justice Buckley, as he then was:<ref>I love it how judges say this about each other. It’s a fine manifestation of the legal eagle]]’s obsession with [[identity]].</ref>
Quoth Lord Justice Buckley, as he then was:<ref>I love it how judges say this about each other. It’s a fine manifestation of the legal eagle]]’s obsession with [[identity]].</ref>


:“Nor is [''the Banker’s right to [[Combination of accounts|combine accounts]]''] a [[set-off]] situation, which postulates mutual but independent obligations between the two parties. It is an ''accounting'' situation, in which the existence and amount of one party’s liability to the other can only be ascertained by discovering the ultimate balance of their mutual dealing.”
:“Nor is ''[the Banker’s right to [[Combination of accounts|combine accounts]]]'' a [[set-off]] situation, which postulates mutual but independent obligations between the two parties. It is an ''accounting'' situation, in which the existence and amount of one party’s liability to the other can only be ascertained by discovering the ultimate balance of their mutual dealing.”


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