When is a bond binding?
Atkinson, D.
When is a bond binding? - 2001 - Construction News (6719) 7 June 2001, 34(1) .
Examines the courts' attitude towards the contractual force of security bonds inserted in construction contracts for the purposes of security in the event of non-performance, delay or some other contractual default, especially where there is an attempt to exercise one's rights in relation to the bond where arbitration proceedings are already underway.
BONDS
ARBITRATION PROCEEDINGS
LIQUIDATED DAMAGES
EXTENSIONS OF TIME
LATE COMPLETION
DEFECTS CORRECTION CERTIFICATE
ALSTOM COMBINED CYCLES LTD V AEGON INSURANCE CO
When is a bond binding? - 2001 - Construction News (6719) 7 June 2001, 34(1) .
Examines the courts' attitude towards the contractual force of security bonds inserted in construction contracts for the purposes of security in the event of non-performance, delay or some other contractual default, especially where there is an attempt to exercise one's rights in relation to the bond where arbitration proceedings are already underway.
BONDS
ARBITRATION PROCEEDINGS
LIQUIDATED DAMAGES
EXTENSIONS OF TIME
LATE COMPLETION
DEFECTS CORRECTION CERTIFICATE
ALSTOM COMBINED CYCLES LTD V AEGON INSURANCE CO