Industrial Legislation – Alleged Breach of Agreement – Constructing Deal – General performance Bonds
The circumstance of Spiersbridge House Developments Ltd vMuir Construction Ltd [2008] included a resolve relating to an motion alleging breach of a constructing contract. A financial institution had paid out an amount demanded by the pursuer underneath a performance bond and it experienced to be decided, if the demand on the bond exceeded the sum […]
Choice Of Law In Syndicated Loans And Bonds
INTRODUCTION: Any relationship between two entities, either persons or institutions, cannot be established except in accordance with some set of rules. These rules may be unenforceable norms or customs of a group or society, or some explicit laws having a binding and enforceable authority. A contract is a formal structure of a relationship between two […]