- March 4, 2020
Yuanda v Multiplex – “ascertaining” damages pre-adjudication under ABI bond
The TCC has just handed down judgment in Yuanda (UK) Company Ltd v Multiplex Construction Europe Ltd and another, which will be of interest to the construction industry as it deals with how ABI-type performance bonds operate. Background In July 2014, Yuanda entered into a sub-contract with Multiplex for façade works on a major project at … Continue reading Yuanda v Multiplex – “ascertaining” damages pre-adjudication under ABI bond →