Category: Remedies

Restraining Calls on Performance Bonds

Case Commentary [Contract Law / Performance Bonds / Evidence] In the decision by the #Singapore Court of Appeal (the “SCA“) in Bintai Kindenko P/L v Samsung C&T Corp and Anor [2019] SGCA 39 (the “Judgment“) the SCA upheld the High Court’s decision to discharge an interim *preventing* a party from calling on […]

Purchaser’s (of land) Lien Constitutes A Security Interest That May Be The Subject Matter of a Caveat Against The Relevant Property [Land Law] [Credit & Security]

In the recent Singapore High Court decision in PACC Offshore Services Holdings Ltd v Kensteel Engineering Pte Ltd [2017] SGHC 175 , Justice Tan Siong Thye held that a purchaser’s (of land) lien over monies paid as a deposit creates a security interest that is capable of being […]