Construction News Read UK Construction Industry News, Analysis, Opinion and data Contractor loses court bid to halt performance bond payment
Digital Edition: Contractor loses court bid to halt performance bond payment
The High Court has rejected a contractor’s attempt to stop a bank paying a developer almost £2.5m under a performance bond. The Technology and Construction Court ruled that Barclays Bank could not be restrained from meeting a demand made by Northern Gateway (FEC) No. 7…
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