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This area covers formal assurances that a party will meet an obligation, typically in the form of performance bonds, bid bonds, and bank guarantees, used to secure contract performance or advance payment obligations. A solicitor in this field drafts, reviews and negotiates the bond or guarantee terms, liaises with issuing banks, counterparties and contract administrators, and assists with enforcement if the obligation is not met. They may also help recover losses when a guarantee is called and advise on any related contractual remedies and linked security interests.
Bonds and guarantees involve specific terms, conditions and triggers, the interpretation of which can affect contract performance, liability, and recovery of losses. A solicitor handles drafting or reviewing the bond wording, ensures compliance with the relevant contract and governing law, navigates any collateral arrangements, and coordinates with banks or guarantors to confirm enforceability and payment processes.
You searched for Bonds and Guarantees specialists. Here are related areas of law to help you narrow down your results.
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Tagged solicitor Emily Shingler
We needed a contract created for our business with an unusual model. DG were very professional and handled the contract creation exactly to our requirement. Thanks to Emily and the team.
Review left by Arthur
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Tagged solicitor Tom Stendall
I've been to Tom and Judi at Hopkins for advice on contracts and wills and find them to be helpful, personable and thorough without drowning in legalese - which is a very important skill! Hopkins came recommended to me and I wouldn't hesitate in recommending to others.
Review left by Kate
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Tagged solicitor Imogen Thomas
Imogen provided a tremendous service to support my understanding of a legal agreement. She was gracious with her time, patient and clear with everything she was highlighting.
Review left by John Gordon
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Tagged solicitor Victoria Mitchell
Farleys as a business, and specifically Victoria Mitchell, have been really responsive and supportive in helping my business with commercial and employment contracts and matters where we have needed support. First class service and personal down to earth approach and advice. Highly Recommend.
Review left by Rachel
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Tagged solicitor Anthony Willis
I came to Anthony at the 11th hour before Christmas with an urgent request for assistance. He was able to efficiently facilitate and was clear and concise about all the issues concerning the agreement. Would definitely recommend and use again if needed.
Review left by Stuart
