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.
Overview:
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.
Talk points:
● 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.
