So you’ve been wronged. You’re sure of that. Your lawyer agrees with you. You’re now excited, you’re about to get revenge and you want all of it. But then in discussing the way forward you realise some impediments – you’re being asked for documents and a million other things. All you can say at this...
Introduction Ever so often, commercial persons have concerned themselves with what they consider the operative parts of contracts they enter into. Typically, boilerplate clauses which are a feature of every well drafted contract have been the preserve of lawyers while matters close to the hearts of contracting parties, like a party’s obligation under a contract...
Introduction For many years performance bonds and bank guarantees (“Bonds”) have been an integral part of transactions in the world of commerce and the construction industry. It has been described as the lifeline of international commerce[1] and the bedrock on which large scale transactions rest. It therefore comes as no surprise that just as several...