Calls on performance bonds: avoiding pitfalls | Eversheds Sutherland
Calling on a performance bond should result in swift receipt of the bond amount by the beneficiary. However, there are risks involved in making calls on performance bonds, which can result in complex proceedings leading to delay and cost. Partners Richard Ward and Ben Bruton of Eversheds report on this area of law with attention …
Continue reading “Calls on performance bonds: avoiding pitfalls”