Doosan Babcock Ltd & Anor v Comercializadora De Equipos Y Materiales Mabe Limitada  EWHC 3201 (TCC)24th Oct 2013
Application for the continuation of an emergency injunction restraining calls on on-demand bonds worth US$40 million. The Court decided that the beneficiary of an on-demand bond can properly be prevented from calling that bond if it only remained valid because of his or her own breach of contract. Injunction successfully maintained.
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