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The legal obligations of performance bonds

By: Language: English Series: Contract Journal ; 374(5986) 4 August 1994, 10(1)Publication details: 1994Subject(s): Summary: Discusses "Northwood Development Co Ltd v Aegon Insurance Co (UK) Ltd" (1994), and the legal obligation created by a performance bond and the effect of the liquidation of the firm Declan Kelly Homes.

Discusses "Northwood Development Co Ltd v Aegon Insurance Co (UK) Ltd" (1994), and the legal obligation created by a performance bond and the effect of the liquidation of the firm Declan Kelly Homes.