2 Jul 1998
BOUYGUES S.A. AND ANOTHER v. SHANGHAI LINKS EXECUTIVE COMMUNITY LTD.
- Citation
- BOUYGUES S.A. AND ANOTHER v. SHANGHAI LINKS EXECUTIVE COMMUNITY LTD.
- Court
- Court of Appeal
- Case number
- CACV131/1998
The phrase 'the Contract Price' in the payment agreement, read against the contract definition and scheme, refers only to sums payable for performance and completion of the works and does not include sums recoverable on termination under clauses 65.8 and 69.3; accordingly the segregated account did not secure the plaintiffs' termination claims or unpaid certified sums falling due only after termination.