TTSJV WLL & Ors v BapCo Refining BSC
What is the correct legal test for challenging a call made against a bond?
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What is the correct legal test for challenging a call made against a bond?
Did the payment notice comply with the necessary statutory and contractual requirements? If it did not, what was the consequence?
August’s Dispatch looks at when you can challenge calls on bonds and the importance of getting the details of your payment application right.
Jeremy Glover reviews a recent Singapore case which considers the consequences of an ad hoc DAB declining to hear disputes referred under a FIDIC contract. The case provides useful guidance on when parties may proceed directly to arbitration.
Jonathan Clarke and Jake Marouane consider a Singapore case highlighting the risks of third-party funding, where substantial funding costs were held to be irrecoverable despite the claimants’ success.
Sana Mahmud examines a UK Supreme Court decision confirming that states party to the ICSID Convention cannot rely on adjudicative immunity to resist the recognition of arbitral awards in the UK.
Mark Pantry explores FIDIC’s Gold Book and its distinctive approach to integrating design, construction, operation and maintenance within a single contractual framework. He examines how the Gold Book allocates long-term risk, the practical challenges of pricing and managing operational obligations over extended periods and why, despite its focus on whole-life asset performance, it has seen only limited adoption compared with the other standard FIDIC forms.
Nicholas Gould and Alex Atherton examine the growing jurisdictional and enforcement challenges facing parties in disputes with Russian entities. Focusing on recent decisions from the Russian Supreme Court and the English courts, they consider the practical implications for dispute resolution and enforcement and highlight how parties can mitigate risks when contracting with parties based in the Russian Federation.
Sam Thyne provides an overview of the new ICC Arbitration Rules, and covers many of the key changes which together aim to make ICC arbitration faster and therefore more cost-efficient.
This issue explores the new ICC Arbitration Rules, challenges in disputes involving Russian entities, the FIDIC Gold Book, third-party funded arbitration and recent guidance on referring disputes to ad hoc DABs under FIDIC contracts.
Ted Lowery considers a recent TCC decision which examined whether liabilities under a Pre-Construction Services Agreement survived the execution of a subsequent JCT contract. The decision is a reminder that where PCSAs are not seamlessly superseded, rights and liabilities may continue beyond the transition to the substantive contract.
Was the alleged final account document a draft, or the real thing?