United Kingdom: Shipbuilding Guarantees: Latest Decisions - Clyde & Co
The Court of Appeal recently considered the wording of a payment guarantee issued on behalf of the buyers, under a shipbuilding contract, in the case of Wuhan Guoyo Logistics Group Co Ltd & Others v Emporiki Bank of Greece SA [2012].
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Mondaq
United Kingdom: Guarantees or On-Demand Bonds? - Fenwick Elliott LLP
The recent Court of Appeal case of Wuhan Guoyu Logistics Group Co Limited & Others v Emporiki Bank of Greece SA [2012] EWCA Civ 1629 confirmed the first instance decision of the Commercial Court in Wuhan Guoyu Logistics Group Co Limited & Others v Emporiki Bank of Greece SA [2012] EWHC 1715 (Comm) that a security document was a guarantee rather than an on-demand bond.
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Mondaq
ECB right not to disclose Greece-related documents: court
BRUSSELS - The European Central Bank was right to refuse access to documents on the economic situation in Greece to a journalist in 2010, because disclosure would have undermined the public interest, the General Court of the European Union ruled.
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Reuters
Court Orders Son to Pay Mom's Big Nursing Home Bill
John Pittas, 47, who was ordered by a court to pay his mother's $93,000 nursing home stay in Pennsylvania after she moved to Greece, has filed another appeal with the Pennsylvania's Superior Court which told him he was liable under a "filial support law" that is in 29 states.
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Abc News