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Guarantees: Demanding practices
Andy McGregor and Sarah Shaul outline a recent case on guarantees!–more–> ‘The guarantee contained both an unconditional guarantee clause and a separate principal debtor clause; the latter rendered Mr Cohen liable to Barclays for any customer liabilities that could not be recovered from him as guarantor.’ In Barclays Bank plc v Price [2018], Mr Cohen …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Barclays Bank plc v Price & ors [2018] EWHC 2719 (Comm)
- Mannai Investment Co Ltd v Eagle Star Life Assurance Co Ltd [1997] UKHL 19