High Court decides advance payment guarantees are performance bonds | Practical Law
https://content.next.westlaw.com/practical-law/document/Ib9a9c9e51c9a11e38578f7ccc38dcbee/High-Court-decides-advance-payment-guarantees-are-performance-bonds?viewType=FullText&transitionType=Default&contextData=(sc.Default)
In Meritz Fire and Marine Insurance Co Ltd v Jan de Nul NV and another [2010] EWHC 3362 (Comm) (21 December 2010) the High Court ruled on whether advance payment guarantees were performance bonds or contracts of surety.
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High Court decides advance payment guarantees are performance bonds
Practical Law Legal Update 1-504-5465
(Approx. 6 pages)
High Court decides advance payment guarantees are performance bonds
by PLC Finance
Related Content
Published on 27 Jan 2011
•
England,
Wales
In
Meritz Fire and Marine Insurance Co Ltd v Jan de Nul NV and another [2010] EWHC 3362 (Comm) (21 December 2010)
the High Court ruled on whether advance payment guarantees were performance bonds or contracts of surety.