Guarantees are a ubiquitous form of credit enhancement, vital for the operations of debtors and creditors alike. Gabrielle Samuels answers the fundamental questions in relation to guarantees, including:
- What are the key features of a guarantee?
- How does a beneficiary of a guarantee limit the risk of the guarantee being avoided?
- What claims are triggered by payment under a guarantee?
- How can the beneficiary maximise its recovery?
- What should a guarantor be concerned about?
Gabrielle also touches on the impact of the Court of Appeal case, Triodos Bank -v- Dobbs [2005].
Original audience
Lawbites (London office).
Date recorded
06 Nov 2007.
Duration
1 hour(s).