Introduction This practice note examines in closer detail how primary obligations differ from secondary obligations in the context of guarantees. The practice note...
Introduction This Practice Note focuses on the use of indemnities either in conjunction with or as an alternative to guarantees and compares the two in the context of...
Produced in partnership with Peter Jansen of Keystone Law This Guarantee is made the [insert date] day of [insert month] 20[insert year] Parties 1 [insert name] (Company...
Produced in partnership with Peter Jansen of Keystone Law This Guarantee is made the [insert date] day of [insert month] 20[insert month] Parties 1 [insert name of...
Produced in partnership with Peter Jansen of Keystone Law This Guarantee is made the [insert number] day of [insert month] 20[insert year] Parties 1 [insert name]...
In the construction industry, parent company guarantees (PCGs) are commonly given to the employer by the main contractor’s holding company to guarantee the performance of...
Risk to a parent company of giving a PCG A parent or holding company does not normally carry out trading activities itself but owns assets, including shares in other...
This Practice Note examines parent company guarantees (PCGs) from a construction perspective. They have many other uses including banking and commercial leases. Many of...
The purpose of this Practice Note is to compare performance bonds with parent company guarantees (PCGs). This is important because these are commonly sought in...
Introduction This practice note looks at the impact of variations and addendums to construction contracts on parent company guarantees that are related to them. A full...