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South Lanarkshire Council v Coface Sa; SCS 27 Jan 2015

References: [2015] ScotCS CSOH_8
Links: Bailii
Coram: Lord Woolman
Outer House The pursuer seeks payment of the sum of £4,499,410.32 under a performance guarantee Bond. The defender contends that the notice served by the pursuer to trigger the Bond was invalid. Liability turns on two interlinked issues. First, what is the proper construction of the Bond? Second, did the notice comply with the terms of the Bond?

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