Injunction to prevent call on bond when taking-over certificate refused | Practical Law

Injunction to prevent call on bond when taking-over certificate refused | Practical Law

In Doosan Babcock Ltd (formerly Doosan Babcock Energy Ltd) v Comercializadora de Equipos y Materiales Mabe Limitada (previously known as Mabe Chile Limitada) [2013] EWHC 3010 (TCC), Edwards-Stuart J granted an interim injunction preventing the employer under an amended FIDIC contract from calling two performance bonds. The contractor alleged that the employer was in breach of contract by not issuing taking-over certificates.

Injunction to prevent call on bond when taking-over certificate refused

Practical Law UK Legal Update Case Report 6-546-1465 (Approx. 7 pages)

Injunction to prevent call on bond when taking-over certificate refused

Published on 23 Oct 2013England, Wales
In Doosan Babcock Ltd (formerly Doosan Babcock Energy Ltd) v Comercializadora de Equipos y Materiales Mabe Limitada (previously known as Mabe Chile Limitada) [2013] EWHC 3010 (TCC), Edwards-Stuart J granted an interim injunction preventing the employer under an amended FIDIC contract from calling two performance bonds. The contractor alleged that the employer was in breach of contract by not issuing taking-over certificates.