"Blake Morgan’s developer client based in Cardiff, Wales, undertaking a £42 million housing build (powered by green energy – solar and ground heat source) faced a contractual challenge requiring a guarantee bond to protect against the potential of contractor insolvency. Provision of a valid guarantee bond is a condition of our client’s government funding. Unusually, the bond provider was based in Costa Rica, and required due diligence on validity and enforcement. By leveraging the TAGLaw alliance, we quickly connected with Mariano Batalla, Partner at Alta Batalla (Costa Rica - TAGLaw). Following an initial briefing, Mariano acted swiftly, providing an accurate fee estimate and delivering a comprehensive legal opinion within just five days.
Without TAGLaw, delivering such a prompt and trusted solution would have been extremely difficult, potentially exposing our client to significant risk and cost . This collaboration demonstrates the power of TAG Alliances in enabling seamless, cross-border legal support when it matters most."
––Joanna Rees; Blake Morgan LLP (Southampton, England & Cardiff, Wales - TAGLaw)
