This MWKA Online Talk was delivered on 26 August 2020 by Ms.Christine Toh & Ms.Wong Sue Ann and moderate by Ms.Vivien Fan. Please visit https://mahwengkwai.com/talks-signup/ to register for upcoming talks.
Performance bonds are commonly used in the construction industry to guarantee that the issuing party will meet its obligations under the contract. Performance bonds are typically in the form of a bank guarantee that can be called upon in the event of a breach of contract. Join us for this online talk in which our speakers will explain what performance bonds are and the legal principles involved in interpreting and calling on a performance bond.
● What are performance bonds?
● How are performance bonds interpreted?
● When and how to call upon a performance bond?
● How to restrain a call on performance bond?
Speakers: Christine Toh (Partner) & Wong Sue Ann (Associates)
Moderator: Vivien Fan (Associates)
A copy of the talk slides in PDF format is available for download here.