|Source:||All England Reporter|
|Publisher Citation:|| All ER (D) 1408|
|Court:||Court of Appeal, Civil Division|
Evans, Potter LJJ and Alliott J
|Representation||Michael Mulholland (instructed by Farleys) for S.|
|Paul Brook (instructed by Walker Foster) for the society.|
|Judgment Dates:||10 December 1999|
Guarantee - Discharge of guarantee - Creditor not obtaining market value of security - Whether failure to obtain market value extinguished guarantor's liability or reduced liability pro tanto - Whether calculation of loss difference from market value or loss of a chance - (a).