We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

13 Assignment and novation

Refund Guarantees

13

Assignment and novation

Introduction

13.1 It is important from the buyer’s perspective that a refund guarantee is capable of assignment, since it will typically be a requirement of the financier of a shipbuilding contract that the refund guarantee is to be assigned in its favour by way of security.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click login button.

Login