26Jul
Advance payment guarantees: three unsuccessful attempts to prevent encashment
Advance payment guarantees are commonly used in the construction industry. However, successful challenges to a demand made under an advance payment guarantee appear to be less common. This article looks at three recent cases where demands were made under advance payment guarantees, and considers why the attempts to prevent encashment failed....
By:
White & Case LLP
Source Url: https://www.jdsupra.com/legalnews/advance-payment-guarantees-three-10101/
Related
Company Fired Diver Because He Had Been Treated for Cancer, Federal Agency Charges - HOUSTON - T&T...
Read More >
Egypt is getting closer to adopting a new merger control regime that would transform the system from...
Read More >
Apparently, in response to New Jersey’s sanctuary state policies, the Department of Homeland Securi...
Read More >
Do you ever watch a television series or see a Broadway musical and think about the employment law i...
Read More >
In a growing wave of class action lawsuits, plaintiffs are targeting employers who have allegedly fa...
Read More >
The Internal Revenue Service (the “IRS”) issued proposed regulations (the “Proposed Regulations”...
Read More >