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GUARANTEES: Satisfaction guaranteed?

04 October 2013  

Rod Cowper examines recent approaches to the interpretation of guarantees

Although judicial piercing the corporate veil has grabbed many of the legal headlines this year, it is its contractual functional equivalent which remains of greatest importance to commercial life as a whole.

Additional Info

  • Case(s) Referenced:

    CIMC Raffles Offshore (Singapore) Ltd & anor v Schahin Holding SA [2013] EWCA Civ 644

    Harvey v Dunbar Assets plc [2013] EWCA Civ 952

    Holme v Brunskill [1878] 3 QB 495

    Mannai Investment v Eagle Star; Investors Compensation Scheme v West Bromwich Building Society [1997] UKHL 28 

    National Merchant Buying Society Ltd v Bellamy & anor [2013] EWCA Civ 452

    Prest v Petrodel Resources Ltd [2013] UKSC 34

    Topland Portfolio No. 1 Ltd v Smiths News Trading Ltd [2013] EWHC 1445 (Ch)