Guarantees

Our solicitors have substantial experience with guarantees. We can assist:

1. With the preparation of contracts of guarantee;
2. With advice in relation to the terms of guarantees;
3. Creditors to enforce their rights under guarantees and pursue debts owing by guarantors;
4. Guarantors, having paid more than their fair share, to seek Court orders for the fair distribution of the burden of liability between their co-guarantors;
5. Guarantors, having paid the creditor in full, to compel the creditor to assign to the guarantor all of the creditor’s rights and security;
6. Guarantors to avoid (and creditors to prevent guarantors from avoiding) any liability under the guarantee, for example on the basis that:
   1. The guarantor was not given an appropriate explanation of the guarantee or the transaction being guaranteed;
   2. The guarantor received no direct or immediate benefit in return for the guarantee.