Source: All England Reporter
Publisher Citation: [2007] All ER (D) 171 (Jun)
Neutral Citation: [2007] EWHC 1401 (Ch)
Court: Chancery Division
Judge:

David Richards J

Representation Stephen Robins (instructed by Wilkin Chapman Epton Blades, Lincoln) for the company.
  David Rose (instructed by Heptonstalls LLP) for the guarantors.
Judgment Dates: 18 June 2007

Catchwords

Insolvency - Statutory demand - Setting aside statutory demand - Liability under guarantee - No demand under guarantee served prior to service of statutory demands - Whether demand under guarantee necessary.

The Case

Insolvency Statutory demand. The guarantors' liability under the guarantee was immediately payable by them, without the need for a demand, before service of the statutory demands.

Practice Areas

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