Event Date: 14 April 2020
Event Time: 05:00pm – 07:15pm
Performance bonds are an important feature of construction projects and are often used for tactical purposes, particularly where market conditions are challenging. Lynne McCafferty QC and Sanjay Patel from 4 Pump Court, London consider recent case-law on performance bonds in both common law and civil law jurisdictions. They examine what employers have to do to make successful calls on these bonds, and the circumstances in which contractors can challenge them.