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The Modern Contract of Guarantee provides readers with a detailed reference work on the law of guarantees. It provides practical insights into areas such as the validity and construction of guarantees, how to avoid a guarantee being discharged and common difficulties with enforcement. It also contains drafting guidance and a useful comparative discussion of developments in England and Commonwealth countries.

Key features:

  • Provides a practical guide to the law of guarantees in modern commercial practice
  • Covers all aspects of the contract of guarantee, from formation to discharge of liability, and the rights of the parties
  • Gives guidance on drafting contracts of guarantee
  • Examines the meaning of common provisions of a guarantee agreement, with detailed reference to case law
  • Discusses factors affecting the validity of the guarantee, such as duress and undue influence
  • Looks at special principles applicable to guarantees which will lead to the guarantee being discharged and provides guidance on how to avoid common pitfalls
  • Advises on how the lender can guard against discharge of a guarantee
  • Considers problems the lender may have enforcing the guarantee
  • Looks at the rights of guarantors both before and after payment
  • Includes procedural aspects of the law for litigation

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Categories: , Product ID: 4968


Authors : James O’Donovan and John Phillips

ISBN : 9780414067479

Published: October 2020
Format: Hardback


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