When is a guarantee conditional on the signature of all co-guarantors?

Table of contents

• Original news
• What were the key aspects of the guarantee document?
• What was the key principle of law applied by the court?
• What were the relevant provisions of the guarantee?
• What was the reasoning behind the court's decision?
• Does this affect my drafting or how guarantees should be executed?
• Drafting
• Execution

Article summary

Banking & Finance analysis: What are the implications of Harvey v Dunbar Assets in relation to clauses commonly found in multi-guarantor guarantee documentation?