Meritz Fire and Marine Insurance Co Ltd v Jan De Nul NV & Another
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[2011] EWCA CIV 827 advance payment guarantees are performance bonds - see to it guanrantees In this case, the Court of Appeal confirmed that advance payment guarantees are performance bonds rather than contracts of surety (ie guarantees). An advance payment guarantee provides that if a supplier...Explore the subscription options here to get full access to isurv, including downloads.
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