Shanghai Shipyards – Fight for your right for payment on demand | Case by Case (Ep. 11)
“On demand” or “See to it” – those are the two main types of guarantee. But what do those terms actually mean? Is it always clear if a guarantee is one, rather than the other, type? And, if not, what are the tell tale signs of each of these categories of guarantee?
All of this was discussed in the recent Shanghai Shipyard’s case – Judgment handed down on 23 July 2021.
Luke and Calum discuss the case in detail in this podcast.