Overpayments by the guarantor in on-demand guarantees: is the guarantor entitled to subrogation?

In the January 2017 edition of Butterworths Journal of International Banking and Financial Law, Cristin Toman a barrister practising from Enterprise Chambers considers to what extent a guarantor who has overpaid under anon-demand guarantee, is entitled to recover that overpayment directly from the borrower.

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Filed Under: JIBFL

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