Guarantor released from bond | Practical Law

Guarantor released from bond | Practical Law

The High Court has reaffirmed the strictness of the obligations upon beneficiaries of guarantees, in the event of a variation of the underlying contract.

Guarantor released from bond

Practical Law UK Legal Update Case Report 6-100-5697 (Approx. 3 pages)

Guarantor released from bond

by NATING GROUP
Published on 01 May 1991England, United Kingdom
The High Court has reaffirmed the strictness of the obligations upon beneficiaries of guarantees, in the event of a variation of the underlying contract.