Law-Now
05 Sep 2019 ·
International
Oil & Gas: Unwitting ‘on-demand’ bond by guarantor
1 min read
Authors
In Rubicon Vantage International PTE Ltd v Krisenergy Ltd [2019] EWHC 2012 (Comm), the Commercial Court decided that the specific wording of a ‘charterer guarantee’ resulted in aspects of it being treated akin to an on-demand bond rather than a co-extensive...
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