|| All ER (D) 242 (Nov)
||Queen's Bench Division
Judge Seymour QC sitting as a judge of the High Court
||Hashim Reza (instructed by Minaides Robson) for the claimant.
||The second and third defendants appeared in person.
||18 November 2005
Guarantee - Loss - Recovery - Second and third defendants supplying guarantees in respect of performance of first defendant insurance broker - First defendant going into administrative receivership - Claimant insurer bringing proceedings to recover premiums said to be owing - Whether second and third defendants liable under guarantees.
In the circumstances of the case, the second and third defendants were liable to the claimant under guarantees provided by them in respect of premiums due to the claimant insurer from the first defendant broker (which was in administrative receivership), in the sum of 171,989.02.
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