Indian Bank Seeks $83M Loan Repayment From Shipping Co. <https://www.law360.co.uk/financial-services-uk/articles/2259433?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-11-13&read_main=1&nlsidx=0&nlaidx=3> By Lucia Osborne-Crowley IBDI Bank Ltd. claimed it is owed $83 million by the guarantor of a loan at the center of a criminal investigation in India, arguing at a London court trial Tuesday that a letter of comfort issued by the company controlling the borrower should be treated as a legally binding contract. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/2259433?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-11-13&read_more=1&nlsidx=0&nlaidx=3> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/2259433?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-11-13&read_later=1&nlsidx=0&nlaidx=3>