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Shylock bond aims for £1m of flesh

Lloyd, H.

Shylock bond aims for £1m of flesh - Building 257(7761) 34(1) .

Stresses the importance of the correct terminology when drawing up bond agreements between parties following the recent "Mercers Company v The New Hampshire Insurance" 1992 decision.

Subjects--Topical Terms:
ADVANCE PAYMENT
BOND AGREEMENT
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
FINANCIAL GUARANTEES
LIABILITY
MERCERS COMPANY V THE NEW HAMPSHIRE INSURANCE
SURETY

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