Challenges facing the Middle East construction industry: Contractors’ attempts to restrain recourse to Performance Bonds - part one

In this two-part episode, Andrew Archer, Duncan Miller SC and William Marshall discuss the commercial purpose behind cash performance bonds and the differing approaches local Courts have taken to intervening in a relationship between a contractor and a principal. In the first episode, contractors will gain a clear understanding of cash performance bonds and their usage, and will start to build a picture of the differing approaches jurisdictions take to the subject.