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Advance payment bonds: “stepping down” provisions and more guidance on the URDG

05/06/2020

Last month we reported on a TCC decision which considered the requirements for making and rejecting a demand under an advance payment bond subject to the URDG. Very similar issues have now been considered by the Appellate Division of the Civil and Commercial Court...

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Authors

Portrait ofAidan Steensma
Aidan Steensma
Of Counsel
London
Robin Wood
Portrait ofAdrian Bell
Adrian Bell
Partner
London
Portrait ofJoaquín Gotor
Joaquín Gotor
Associate
London
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