Simon Carves Limited v Ensus UK Limited
Citation: EWHC 657 (TCC);  B.L.R. 340; 135 Con. L.R. 96
Nature of case:
This case concerned an “on demand” performance bond. The court had to determine the extent to which, if at all, a party may be prevented from seeking payment under a bond by the terms of the same contract in respect of which the bond was provided by way of security.