Australian court allows call on security despite ongoing arbitral proceedings ...Middle East

The New South Wales (NSW) Supreme Court has refused to extend an injunction that prevented a company from calling on a contractor’s AU$467 million bank guarantee, despite the contractor facing financial troubles and potential insolvency.

Read More Details
Finally We wish PressBee provided you with enough information of ( Australian court allows call on security despite ongoing arbitral proceedings )

Also on site :

• Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel
• Oil prices up after reports of 3 ships on fire in Gulf of Oman near the strait of Hormuz
• 'Days of Our Lives' Mary Beth Evans Honors 'Legend' Stephen Nichols on 40th Anniversary: "What a Ride'