5 Aug 2009
PREMA BIRKDALE HORTICULTURE (MACAU) LTD v. VENETIAN ORIENT LTD AND ANOTHER
- Citation
- PREMA BIRKDALE HORTICULTURE (MACAU) LTD v. VENETIAN ORIENT LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP905/2009
The Bond, on its proper construction and given its express terms, was a classic on-demand/advance payment bond payable on demand irrespective of disputes between owner and contractor; absent evidence that the guarantor had notice of clear fraud, the court will not grant interim relief to restrain payment under such a bond, and therefore the plaintiff's application for interim relief was refused.