Performance Bond in UK Law
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Owen (Edward) Engineering Ltd v Barclays Bank International Ltd
... ... This case concerns a new business transaction called a "performance guarantee" or "performance bond". In order to show the nature of the ... ...
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Channel Tunnel Group Ltd and Another v Balfour Beatty Construction Ltd and Others
... ... 74(4) and the rules of the procedure for the calling in of the performance bond in schedule 25, such dispute or difference shall at the instance of ... ...
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United City Merchants (Investments) Ltd v Royal Bank of Canada
... ... that does not permit of any dispute with the buyer as to the performance of the contract of sale being used as a ground for non-payment or ... 159 , though this was actually a case about a performance bond under which a bank assumes obligations to a buyer analogous to those ... ...
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Rainy Sky SA and Others v Kookmin Bank
... ... As so numbered the relevant parts of each Bond were these: "[1] We refer to the … Contract entered into ... ...
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Petromec Inc. v Petroleo Brasileiro S.A. Petrobras and Others
... ... to become due and the Over-due Interest thereon or to enforce performance and observance of any obligation, agreement or covenant of Brasoil under ... of the upgrading of the rig and for failure to provide a performance bond in respect of the work? (3) If Maritima was under an obligation ... ...
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Actionstrength Ltd (trading as Vital Resources) v International Glass Engineering in.GL.EN SpA and another
... ... , this second mischief was mitigated by the doctrine of part performance. Implementation of an agreement (even if partial) could be relied on to ... ...
- Hounslow London Borough Council v Twickenham Garden Developments Ltd
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SmithKline Beecham Plc v Apotex Europe Ltd
... ... said he had suffered damage in excess of that provided for by a bond put up by way security as a term of the grant of an interim injunction in ... rights for the benefit of those who suffered from defective performance but who, under the terms of the contract, could not acquire any right to ... ...
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Shalson and Others v Russo and Others; Mimran and Another (Part 20 Claimants)
... ... also held some Brookscastle Limited shares as security for the performance of Mr Russo's obligations. The January and July 1997 loans ... wrote a letter to Mr Russo with regard to the possibility of 16 Old Bond Street Limited (a trust asset) making distributions of profits to charity ... ...
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United Scientific Holdings Ltd v Burnley Borough Council
... ... principles is correctly enunciated in Fry on Specific Performance, 6th Edition at page 502, paragraph 1075: "Time is originally of the ... 21 In Stylo Shoes Limited v. Wetherall Bond Street W.l Limited , reported in Volume 237 of the Estates Gazetteat ... ...
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