<p>Provides a practical guide to the law of guarantees in modern commercial practice<br />
Covers all aspects of the contract of guarantee, from formation to discharge of liability, and the rights of the parties<br />
Gives guidance on drafting contracts of guarantee<br />
Examines the meaning of common provisions of a guarantee agreement, with detailed reference to case law<br />
Discusses factors affecting the validity of the guarantee, such as duress and undue influence<br />
Looks at special principles applicable to guarantees which will lead to the guarantee being discharged and provides guidance on how to avoid common pitfalls<br />
Advises on how the lender can guard against discharge of a guarantee<br />
Considers problems the lender may have enforcing the guarantee<br />
Looks at the rights of guarantors both before and after payment<br />
Includes procedural aspects of the law for litigation<br />
New for this edition:<br />
Updated for the Insolvency Rules 2016<br />
Notes impending changes to legislation due to Brexit<br />
Incorporates over 50 new cases on guarantees and indemnities, covering the full spectrum of issues<br />
Focuses on English case law but, as with past editions, also makes substantial reference to decisions from the rest of the UK, Ireland and around the Commonwealth<br />
Keeps abreast of general developments in contract law since the last edition, on topics such as construction, rectification, illegality, penalties and damages</p>
