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E Itable P ? Bank V NG He NG Ngor, 541 223

The document discusses a court case, Equitable P~? Bank v Ng he ng Ngor, regarding a decrease in the value of currency beyond the common fluctuation in currency values. The court found that such a decrease could not reasonably have been foreseen or manifestly beyond contemplation of the parties at the time of the obligation. Ordinary deflation, on the other hand, involved an inverse situation.

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0% found this document useful (0 votes)
72 views1 page

E Itable P ? Bank V NG He NG Ngor, 541 223

The document discusses a court case, Equitable P~? Bank v Ng he ng Ngor, regarding a decrease in the value of currency beyond the common fluctuation in currency values. The court found that such a decrease could not reasonably have been foreseen or manifestly beyond contemplation of the parties at the time of the obligation. Ordinary deflation, on the other hand, involved an inverse situation.

Uploaded by

John Juris
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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a E itable P~?

Bank v Ng he ng Ngor,
541 223

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