The court heard interim applications. ‘This case relates to an ‘on demand’ performance bond and raises issues, rarely addressed in the past, as to the extent to which, if at all, a party may be prevented from seeking payment under the bond by the terms of the very contract in respect of which the bond is provided by way of security.’
Akenhead J
[2011] EWHC 657 (TCC), [2011] BLR 340, 135 Con LR 96
Bailii
England and Wales
Contract
Updated: 23 November 2021; Ref: scu.431620
