Posts by Karen Spencer

  • (Mis)understanding Perar

    This post considers whether a performance bond: Is triggered by the insolvency of the principal contractor. Will respond if the principal contractor becomes insolvent. If you are still misunderstanding the implications of the decision in Perar BV v General Surety & Guarantee Co LtdĀ then you are not alone. Many well regarded law firms also misunderstand … Continue reading (Mis)understanding Perar