| Source: | All England Reporter |
| Publisher Citation: | [2012] All ER (D) 94 (Apr) |
| Neutral Citation: | [2012] EWHC 1020 (QB) |
| Court: | Queen's Bench Division |
| Judge: | Cranston J |
| Representation | Stuart Hornett (instructed by Addleshaw Goddard LLP) for the claimant. |
| David Alexander QC and Henry Phillips (instructed by Lake Jackson Solicitors) for the defendants. | |
| Judgment Dates: | 20 April 2012 |
Catchwords
Bank - Guarantee - Personal guarantee - Defendants being directors or senior managers of company - Defendants providing personal guarantees to claimant bank indemnifying liabilities of company - Company being placed into administration - Security insufficient to meet liabilities - Bank seeking outstanding sums under personal guarantees - Whether guarantees enforceable.
The Case
Bank Guarantee. The Queen's Bench Division held that the claimant bank had been entitled to pursue the defendant guarantors under personal guarantees.
Practice Areas
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