000			01682cab a2200277 4500
001			ABS50820
008			090401t1994 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u97523
041			_aeng
245			_aTrafalgar House Construction (Regions) Limited v General Surety and Guarantee Co Limited
260			_c1994
350			_a0
490			_aConstruction Industry Law Letter _v1994 CILL 912-915(4)
520			_aCA 22 February 1994. T were the main contractors for the construction of a leisure complex. They engaged K as the sub-contractor for groundworks. K procured a bond from G for 10% of the sub-contract sum. During the course of the work K went into receivership and T took over completion of the work and made a claim under the bond. The ORC found that the amount of damage sustained by T exceeded the amount and gave summary judgement for the full amount of the bond. G appealed. It was held that the bond imposed upon G an independent obligation to pay the damages sustained by T from the failure of the subcontractors to carry out the work. The bond did not create a guarantee in the ordinary sense. G argued that the sum payable should take into account all set-off and cross claims between the parties however CA held that G should pay the amount of the damages which T asserts is correct.
650			_aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
650			_aCONDITIONAL BONDS
650			_aMERCERS V NEW HAMPSHIRE
650			_aON DEMAND BONDS
650			_aPERFORMANCE BONDS
650			_aSUBCONTRACTORS
650			_aSURETIES
650			_aSURETY BONDS
690			_aBUILDING AND CONSTRUCTION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c59630 _d59630