The 2nd English edition of The Modern Contract of Guarantee:-
Includes analysis of the factors affecting the validity of the guarantee such as duress and undue influence and the liability of the lender for the acts of the principal borrower
Examines the construction of guarantees and the meaning of clauses commonly inserted in guarantee
Looks at special principles applicable to guarantees which will lead to the guarantee being discharged, and guidance as to how the lender can guard against that eventuality
Considers the difficulties which may be faced by the lender in enforcing the guarantee
Looks at the rights of guarantors both before and after payment, including rights of set off, indemnity and contribution
Provides in-depth analysis of the relevant case law and legislation
Gives guidance for drafting contracts of guarantee
Includes discussion of developments in England and in the Commonwealth
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