In the following case the Court of Appeal had to consider the effect of a refund guarantee in the context of a shipbuilding contract. The buyers entered into six materially identical shipbuilding contracts made with Jinse Shipbuilding Co Ltd (the Builder ). Kookmin Bank (the Bank ) issued six materially identical on demand advance payment bonds or guarantees to secure certain obligations assumed ...
SHIPBUILDING
16 August 2010 - 06:31
Corporate/Company Law
In the following case the Court of Appeal had to consider the effect of a refund guarantee in the context of a shipbuilding contract. The buyers entered into six materially identical shipbuilding contracts made with Jinse Shipbuilding Co Ltd (the Builder ). Kookmin Bank (the Bank ) issued six materially identical on demand advance payment bonds or guarantees to secure certain obligations assumed ...
SHIPBUILDING
16 August 2010 - 06:31
This news 1228 hits received.
These news may also interest you