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Law-Now 10 Apr 2025 · United Kingdom

Power projects: the autonomous nature and commercial importance of on-demand bonds

1 min read
In Power Projects Sanayi Insaat Ticaret Limited Sirketi v Star Assurance Company Ltd [2024] EWHC 2798 (Comm), the English Commercial Court has reinforced the pivotal role of on-demand performance bonds in international commerce, particularly within the power industry...

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