Singapore Legal Developments & Case Commentaries

Tag: #Conditions

Restraining Calls on Performance Bonds

Jul 18, 2019

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by

Alexander Pang

in Case Commentary, Commentary, Contract, Credit & Security, Evidence, Food, Injunctions, law, Self Help

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 a performance bond (a “PB“), i.e. the…