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ANDREW SAVAGE and JAMES SPENCER*
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last modified
Jul 16, 2010 04:35 PM
Appeal court decision shows why refund conditions must be clear from the outset write ANDREW SAVAGE and JAMES SPENCER*
THE UK Court of Appeal’s recent decision in Rainy Sky SA & others v Kookmin Bank is a salutary lesson for those responsible for the negotiation and drafting of shipbuilding contracts and refund guarantees.
The case concerns claims by buyers...
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