Article: Whose Risk Is It Anyway? Performance Security Revisited

Date: 30 March 2020

As the global financial system moves into a time of considerable stress and uncertainty, when so many major infrastructure projects are underway, Sean Wilken QC revisits the basic principle underlying performance bonds and financial securities. This article includes reference to recent case examples including Yuanda v Multiplex Europe & ANZ and Multiplex v R&F One (UK) Ltd.

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Whose Risk Is It Anyway? Performance Security Revisited – Sean Wilken QC