Construction, Projects & Infrastructure publications
05-10-11 |
Is your bank guarantee unconditional?
In this latest update on performance guarantees, a recent Supreme Court of Queensland decision provides guidance on when a court will prevent a party calling on an unconditional bank undertaking.
17-11-10 |
Construction Update
An update on The Ivy case where Lucas Stuart, the head contractor, has been granted an injunction restraining Hemmes Hermitage, the principal, from calling upon the bank guarantee. We also review another case which considers the meaning of 'ordinary place of business' and what this means for service of a payment claim.