000 01443cab a2200277 4500
001 ABS51220
008 090401t1994 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u15516
041 _aeng
245 _aTrafalgar House Construction (Regions) Limited v General Surety and Guarantee Company Limited
260 _c1994
350 _a0
490 _aConstruction Law Journal
_v(1994) 10 CLJ 240-246(7)
520 _aCA 22 February 1994. In 1989 T entered into a building contract to construct a leisure complex. The groundworks were subcontracted and they obtained a bond from the subcontractors equal to 10% of the subcontract value. Before they completed the groundwork the subcontractors went into receivership and T finished the work. T commenced proceedings against G the guarantor of the bond for the sum of £101,285. The court held that T should receive that sum on the grounds that they was no arguable defence. G appealed but this was dismissed on the grounds that the obligation of the surety arose when called upon to pay any damages resulting from the subcontractors failure to perform.
650 _aCONDITIONAL BONDS
650 _aInsolvency
_96247
650 _aLEISURE COMPLEX
650 _aON-DEFAULT BONDS
650 _aON-DEMAND BONDS
650 _aPERFORMANCE BONDS
650 _aSURETIES
650 _aSURETY BOND
690 _aBUILDING AND CONSTRUCTION-CASE LAW
942 _n0
948 _c04/03/1997
999 _c10185
_d10185