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United Kingdom performance bondssecurity for performanceinjunctions

CR Construction (UK) Company Ltd v Barclays Bank PLC

[2026] EWHC 202 (TCC)
JurisdictionUnited Kingdom
CourtHigh Court of Justice, King's Bench Division, Technology and Construction Court
Year2026
StatusPersuasive authority

Key Principle

A court will not restrain a bank from paying out under an on-demand performance bond where the conditions for a valid demand have been met, absent clear evidence of fraud of which the bank is aware; defects in the demand are assessed by reading the demand documents as a whole.

Area of Law

General

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