Law-Now
02 Aug 2019 ·
International
Oil & Gas, Commodity / Goods Sales and Infrastructure: Guarantees - the importance of complying with payment triggers
1 min read
Authors
The Commercial Court recently re-emphasised in Longulf Trading (UK) Ltd v Niyazi Onen Gida SAN AS & Anor [2019] EWHC 1573 (Comm) the importance of properly complying with the terms of a guarantee when making a demand thereunder. The Commercial Court decided that...
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