When is your guarantee subject to consumer law? | Practical Law

When is your guarantee subject to consumer law? | Practical Law

This article looks at when an individual guarantor of a loan to a company should be treated as a consumer. It discusses the tests set out in relevant English and EU case law.

When is your guarantee subject to consumer law?

Practical Law UK Articles w-004-3596 (Approx. 7 pages)

When is your guarantee subject to consumer law?

by Robert Allen, Partner in Financial Markets Litigation, Simmons & Simmons LLP
Published on 04 Nov 2016 • England
This article looks at when an individual guarantor of a loan to a company should be treated as a consumer. It discusses the tests set out in relevant English and EU case law.