Salter: The Modern Law of Guarantees
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- Product Id:
- ukprod9780406127815SMLG1
- Product Code:
- SMLG1
- ISBN/ISSN:
- 9780406127815
- Publication Date:
- 31/12/2013
- Format:
- Price:
- £265.00
Navigating the law of guarantees is treacherous: the guarantee is subject to more litigation than any other financial instrument.
In the wake of the credit crunch and much anticipated economic downturn, the use of court proceedings on and need to understand guarantees is set to increase.
Salter’s magnum opus tackles this tricky and uncertain area and provides the definitive practical explanation of the law on guarantees.
Salter’s approach gets to the core understanding of how the law can blend contract law principles with equitable doctrine, standard forms and statute.
This book provides a practical explanation of the law of guarantees in modern commercial practice. Analysis of other instruments such as performance bonds and standby letters of credit, as well as guarantees in their international context, is included.
The book also provides guidance on the drafting of various types of instrument and the practice and procedure for enforcement by the English courts.
Benefits of the Salter: The Modern Law of Guarantees
- Critically examines the effects of the most common standard form provisions which purport to extend or remove limits of creditors’ rights against the surety
- Discusses effect of insolvency on guarantees
- Analyses rise in judicial protection for surety
- Dissects wording of performance bonds
- Gives hints on drafting
- Analyses practice and procedure of courts in enforcing guarantees.
This book is the first seriously comprehensive and practical treatment of guarantees under English law by a renowned authority on the subject.
Introduction;
Essentials of the Contract of Guarantee;
Vitiating Factors;
Form of the Contract of Guarantee;
Construction;
The Liability of the Guarantor;
The Guarantor' Rights against the Creditor;
The Guarantor' Rights against the Principal Debtor;
Rights and Liabilities of Co-Guarantors Amongst Themselves;
Limitation of Actions;
Discharge of the Guarantee;
Equitable Protection of Guarantors;
Insolvency;
Conflict of Laws;
Landlord and Tenant
On-Demand Bonds and Similar Instruments;
Appendix - Selected Statutes
Halsbury's Statutes Destination Tables 2010
Butterworths Company Law Handbook 25th edition
Butterworths Employment Law Handbook 19th edition
Tolley's Orange Tax Handbook 2011-12
Tolley's Yellow Tax Handbook 2011-12
